Home | Social | Locations | (888) 485-4400

Coming Soon! Upgrades to Our Internet Banking application.
You will notice minor changes to the login process. After you have successfully logged in, the format will be slightly different. All previous functions are still available. If you have any questions or need additional assistance, please contact our main office during normal business hours at 262-784-4400 (Monday-Friday, 8:30am-5pm) and ask for Retail Online Banking.

GMB Blog

DUCK 3: Final Approval | Get Your Ducks in a Row for a Mortgage Loan

Congratulations! You’ve successfully negotiated an offer to purchase or finalized plans with a builder or renovation contractor. In most cases, we can close in about 30-35 days from the time we receive all of your appropriate paperwork – the signed Offer to Purchase or Building Plans & Contract for a new home or renovation.  Expect a Loan Estimate within a few days that provides details about costs and required funds for closing. From here, when you are ready to proceed, we will order an appraisal, which is usually a two-week process. Meanwhile, we can update your file with the most recent financial information and double check to be sure we have all of our own ducks in a row for final approval,… Read the full article.

DUCK 2: Shop | Get Your Ducks in a Row for a Mortgage Loan

Once you’ve been pre-approved, you can go into shopping mode with the confidence of knowing exactly what you can afford. We recognize that circumstances sometimes change and you need more feedback as you are out looking at specific homes or shopping various builders. Our Loan Officers are focused on convenience and accessibility and are available days, nights, and weekends to update you along the way. Today’s competitive market requires that you have a true mortgage partner on your side, ready and willing to help. We’ll be with you every step to ensure you buy, build, or renovate the home of your dreams with as little stress as possible. From tips on what to look for in a home or builder/contractor to the… Read the full article.

DUCK 1: Apply | Get Your Ducks in a Row for a Mortgage Loan

  If you’re considering buying, building, or renovating, be sure to get your “Ducks in a Row” and start the process at Great Midwest Bank. We know the mortgage process may seem overwhelming, but it often boils down to a simple checklist and expertise. By choosing Great Midwest, consider yourself a Lucky Duck! We’ve been helping Wisconsin homeowners since 1935. The first step towards getting a home mortgage loan is to complete a pre-approval application. Keep in mind that not all pre-approvals are created equally. We have found over time that Realtors and Builders really have come to appreciate local lenders. A pre-approval from Great Midwest Bank may be the one to tip the scales in your favor when you’re bidding on… Read the full article.

Financial Resolutions You Can Keep in 2018

  With the start of a New Year comes a new opportunity to set financial goals for yourself. Many New Year’s resolutions relate to exercise, work-life balance, or being less connected to technology. We are also encouraging you to take on these five Financial Resolutions for 2018. No matter how much you are currently saving, you can always be saving more. In fact, there is a great phrase to remind you of this financial resolution for 2018. Think ABS – Always Be Saving. This financial resolution is at the top of the list for a reason: it should be top of mind! Work towards this by having a portion of your paycheck automatically deposited to a savings account (preferably one… Read the full article.

What is Simply Giving?

  Simply…Giving is the charitable initiative of Great Midwest Bank. Great Midwest Bank is not just Simply… Local. We are also actively Simply…Giving back to the community! Our purpose is also simple: To give back to our local communities through volunteering, education, and donations. Volunteer We provide our employees opportunities to invest their time in volunteering for local organizations and events.  They have a voice in deciding where their time is spent. Educate We always emphasize educating our communities on the topic of good financial health and common sense mortgage lending, including opportunities with local housing agencies to assist first-time homebuyers. Donate We donate funds, gifts, supplies, and more to local organizations and charitable initiatives.   We are excited to help… Read the full article.

Banking Main Street, Not Wall Street

  At Great Midwest Bank, we value Main Street over Wall Street. What exactly does that mean? We’re glad you asked! Simply put, we operate for our depositors. And they are best served when we put our customers and colleagues above all else – just like we have been doing since 1935, when we first started in downtown Milwaukee on the corner of Jefferson and Wells. Over the past 82 years, we have expanded to nine branch locations around the greater Milwaukee area, Madison, and Chilton. We service most of our loans locally and use local deposits to help fund those loans. That means when you have an account with Great Midwest Bank, you know exactly how that money is… Read the full article.

How to save money on your energy bill and still stay warm

We are big fans of fall here in Wisconsin. The changing leaves, the crisp and (mostly) sunny weather, and, of course, football season. However, we also know what is coming right around the corner, our guest that always overstays its welcome: winter. The bitter cold weather, tough driving conditions, ice covered cars, slippery sidewalks, and snow (lots and lots of snow) can take a toll on Wisconsinites, and winter can also take a toll on your home heating bills. We’re here with some simple tips you can start putting to action now to prepare your home for winter and make your home more efficient in the cold weather, so you can lower your energy bill! Buy a smart thermostat. These… Read the full article.

3 Simple DIY Projects For Your Home This Fall

    You loved our Simple DIY Ideas to Freshen Up Your Home in the spring, so we’re back in the cooler weather with even more projects that will make a big impact in your home. We’ll be keeping it simple again, with updates you can make to your home in as little as one day without having to bribe your friends with beer and pizza in order to get them done. Last time, we talked about other DIY projects like painting the walls, replacing old light fixtures, adding storage spaces, installing a backsplash in the kitchen, updating drawer knobs and cabinet handles, landscaping to boost your curb appeal, and taking nice pictures of your home. What else could we… Read the full article.

The What, Why, and How of GMB Portfolio Loans

  We have mentioned portfolio loans quite a few times over the last few months. If you’re not sure what exactly a portfolio loan is, no worries! We’ve got the all the information you need right here. What is a portfolio loan? What makes a portfolio loan different than most mortgage loans is that the loan is funded locally, with funds deposited by GMB account holders. The loan becomes part of the bank’s “portfolio.” We are not selling the loan or the servicing (monthly payment collection) to another bank or organization. We’re taking care of it all ourselves, right here in Wisconsin. Why a portfolio loan? Portfolio loans come with a number of advantages. Because the loan is funded by… Read the full article.

Celebrating Our Committed Co-Workers 

  Our customers keep coming back because of their great experiences with Great Midwest Bank. Whether a home construction loan, purchase loan, mortgage refinance, or simply banking, the testimonials say it all. It’s the people of Great Midwest Bank that make us so uniquely client-focused. Customer service is the priority for every member of our GMB team – and happy customers are what drive us to continue. Great Midwest Bank has been serving our communities for over eight decades. We’d like to give a shout out to a few of our co-workers who have committed decades themselves to the GMB mission.   Mary Ann Scheel Loan Officer NMLS #297191 24 years   Andy Doyle Sr. Vice President 25 years   Mary Bragg Savings… Read the full article.