United Midwest Savings Bank is an independent, privately-owned, federal-chartered institution operating four full-service depository branches and two loan production offices. We offer a variety of deposit and mortgage products and services for the benefits of our customers. In addition, the Bank offers consumer finance products through its operating subsidiary, First Mutual Financial.
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On May 20, 2009, President Barack Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard
maximum deposit insurance amount (SMDIA) to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit
became effective immediately upon the President’s signature. The legislation provides that the SMDIA will return to $100,000 on January 1, 2014.
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