We’re Your Financial Partner, and We’ll Be By Your Side Through All of Life's Adventures
Need help opening a checking account, applying for a home mortgage loan, or planning for the future? We’re here to help you achieve financial goals whether they’re for yourself or your company. This Midland States Bank branch is conveniently located at 1201 Network Centre Drive in Effingham, IL with a friendly staff that can connect you with a financial advisor, mortgage loan originator, commercial banker, and so much more. The conversation starts with you. Whether you’re just starting out or know exactly what you need, we’ll be by your side from start to finish. Visit us in-person or online today to take the next financial step.
As a community bank, we seek bright, enthusiastic people to enhance our team. We’ve experienced rapid growth through the entrance of new markets and are looking for people who have the sales and service skills that will help us evolve.
Our employees truly care about the success of our clients, putting heart and soul into every relationship, every experience and every customer interaction. If you’re considering a career change or looking for a new position, come join the Midland team.
Stay on top of your personal finances on the go while getting all the bells and whistles.
Can I stop in the middle of opening my account and return later?
Yes. For your convenience, an email will be sent to your account when you sign out during your application. Simply follow the instructions in that email to log back in at your convenience.
Is there an age requirement for opening an account online?
To open an account using our online system, all owners must be 18 years of age and have a government issued form of identification.
Does Midland States Bank offer high-yield savings options?
You can take advantage of our high-yield savings accounts in Effingham or at any of our Midland locations. We offer high-interest savings account options in the form of high-yield money markets, high rate CDs, or a traditional savings account, our FlexSaver Savings. The FlexSaver only requires a $0.01 minimum daily balance to earn interest.
Our savings accounts are automatically FDIC insured up to $250,000 per depositor and for each account ownership category, so you can rest assured knowing your money is safe with Midland States Bank.
If you aren’t sure what the best high yield savings account option is for you, we can help you determine the account that suits your needs. Simply call us at 1- 855-696-4352 to get started, or visit any Midland location.
Does Midland States Bank offer kids’ bank accounts in Effingham?
Midland’s YouthSaver is a kids’ savings account that was made specifically for individuals under the age of 18, and it can be opened at any of our locations. The best savings account for kids is one that allows children to start building their funds from an early age, and our child savings account does just that! The YouthSaver must be co-owned, with a parent or guardian. This is a great bank account for teenagers ages 14-17. Then, once your child turns 18, the account will transfer to their name.
Does Midland States Bank offer joint banking accounts?
Yes, Midland States Bank offers joint accounts. You can open a joint checking account or a joint savings account in Effingham. We make it easy for both owners to manage the account. If you need help choosing which account fits both owners’ needs, our Bankers can help you determine what the best joint bank account option is for you.
How can I find your CD rates?
For our CDs with highest rates in Effingham, check out our CD Specials on our website or by calling us at 1-855-696-4352.
How long does the home mortgage process take?
The home mortgage process can take anywhere from weeks to several months, depending on factors such as the type of loan, the current housing market, and the complexity of your financial situation. We value your time, and our mortgage lenders in Effingham will work closely with you so you get a timely solution.
What factors determine the interest rate on a home mortgage?
The interest rate on a home mortgage is determined by factors such as your credit score, down payment, loan amount, and current market conditions. If you are looking for a mortgage broker in Effingham you can skip this process, and our mortgage lenders can help you understand your rate and loan options directly. Ready to get started? Take the first step by getting pre-approved for a home mortgage loan.
What does it mean to be pre-approved for a home mortgage, and why should I do this?
The process to get mortgage pre-approval is where a mortgage lender like Midland States Banks reviews your finances and credit history to determine the maximum amount they would be willing to lend you for a home purchase. It’s important to get pre-approved for a mortgage before house-hunting so you know what price range to focus on and can show sellers you’re a serious buyer.
What are the most common types of home mortgages?
The most common types of home mortgages include fixed-rate mortgages, adjustable-rate mortgages, FHA loans, and VA loans. Our mortgage lenders are here to help you meet your goals and will be by your side throughout the home buying process. You will work directly with us rather than through mortgage brokers.