Competitive Returns - Without the Chase!
Manage your larger cash balances with a secure, intentional account that grows while you focus on what matters most. No chasing rates.
Built for Larger Balances.
Made to Move with You.
A Jumbo Money Market offers a secure home for your savings — with built-in flexibility when you need it most. Enjoy:
- FDIC-Insured Competitive Yields1 — designed for stability, with a built-in floor rate
- Clarity and Control — less time tracking rates or shifting funds
- Convenient Access — secure liquidity when you need it
- Local Expertise — personalized guidance from your trusted First Mid team
Minimum Opening Deposit: $50,000
Tiers and Rates2
- $0.01 - $49,999.99
Interest Rate = 0.00%
APY = 0.00% - $50,000 - $99,999.99
Interest Rate = Federal Funds Effective Rate minus 1.00%
APY = 2.67% - $100,000 - $249,999.99
Interest Rate = Federal Funds Effective Rate minus 0.50%
APY = 3.19% - $250,000+
Interest Rate = Federal Funds Effective Rate minus 0.25%
APY = 3.44%
Guaranteed Floor Rate for interest on balances of $50,000+ is 0.10% APY
Why Consider a Jumbo Money Market?
When evaluating other options like brokerage money market funds, Treasury bills, or high-yield savings accounts, it’s worth comparing how each supports your liquidity, stability, and long-term goals.
Comparing Cash Management Options:
| Feature | Jumbo Money Market | Alternative Cash Options |
|---|---|---|
| FDIC Insured | Yes | Not always |
| Easy Access to Funds | Yes | Sometimes limited |
| No Maturity Dates | Yes | Some require fixed terms |
| First Mid Account Integration | Yes | Usually separate accounts |
| Local Support Available | Yes | Often digital-only |
| Promotional Rate Risk | No | Often |
Here to Help You Build with Confidence.
If you’re looking for simpler cash management, seamless integration with your First Mid accounts, FDIC protection, and competitive returns, talk with a banker about a Jumbo Money Market.
1 FDIC insured to the maximum allowed by law.
2 APY = Annual Percentage Yield. Rates effective 05/05/26. Rates and APYs are variable and are subject to change after account opening.
2 APY = Annual Percentage Yield. Rates effective 05/05/26. Rates and APYs are variable and are subject to change after account opening.
Paper statement fee may apply - waived for those age 50 or older OR waived by maintaining $50,000 daily minimum balance in the account during the statement cycle OR sign up for eStatements in online or mobile banking to avoid the paper statement fee. Fees may reduce earnings.