Company Information

Get to know United Midwest Savings Bank

Founded in 1889 as The DeGraff Building and Loan Company, United Midwest Savings Bank (UMWSB) has grown into a community-focused bank with a national reach. The bank offers a full suite of personal and business banking products, including checking, savings, CDs, and mortgage services to its local Ohio communities. A significant part of its business is its nationwide consumer lending division, which specializes in financing for marine and recreational vehicles (RVs). UMWSB operates under the mission of making banking simple and accessible for its customers.

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Financial BankingPRIMARY
Financial Other Service

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United Midwest Savings Bank

United States

Founded in

01 1月 2001 (25 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.