MidWest BankCentre has launched Rising Bank, a digital platform offering market-leading financial products with competitive interest rates to consumers nationwide.
By creating the platform, the St. Louis, Mo.-based bank is positioning itself to meet customers’ needs in an increasingly digital world, as well as the bank’s future growth prospects, the company said in a press release. Through the platform, the bank will offer a range of CDs and high-yield savings accounts.
“The Rising Bank team is focused on a range of innovations and improvements in the banking process, as we work to make the community banking experience digital,” said Orvin Kimbrough, CEO of the $1.9 billion Midwest BankCentre. “At Rising Bank, our work is all about transforming lives through banking—offering a seamless customer experience that helps clients accumulate wealth over the long-term.”
Designed to deliver an intuitive and easy-to-use digital banking experience, Rising Bank provides state-of-the-art cyber-security for users across platforms, including smart phones, tablets and computers. Customers can easily open a new account, and both the Rising Bank website and online account portal offer resources for customers to increase their financial knowledge.
“The financial products and market-leading rates quoted by Rising Bank speak for themselves,” said President Dale Oberkfell. “What we believe will really delight customers is the extent to which we’ve created a digital bank that will satisfy their need for a top-notch set of financial products, great interest rates, and a seamless digital experience.”
Founded in 1906, Midwest BankCentre isn’t the only community bank in the region leveraging a digital platform to gather deposits on a national level. Wisconsin’s River Valley Bank launched IncredibleBank.com in 2008 as part of a push to gather deposits, and a decade later it’s expanded into specialized business lines through the platform.