Skip to Content
Payment Relief

Resources following Hurricane Helene.

How can we help you?

Florida's Community Credit Union

With more than 60 branches from Tampa Bay to the Treasure Coast, up to Gainesville and down to Naples, MIDFLORIDA offers a full range of banking products and services to members throughout Florida. Not-for-profit and member-owned, we deliver a higher level of convenience and personal attention than you’ll find at a bank—without sacrificing competitive rates. Because your money isn’t just a string of numbers on an account statement. It’s personal—and we think the way you bank should reflect that.
New
Now Open: Dunedin! Visit us at 1201 Belcher Road.
Find a branch

News & Insights Blog

High-Yield Checking Account Taxes: What You Need to Know

Wondering about the tax implications of your high-yield checking account? This comprehensive guide breaks down everything you need to know about high-yield checking account taxes. Learn how the IRS treats your interest earnings, when you'll receive a 1099 form, and smart strategies to potentially lower your taxable income. We'll also explore why opening a high-yield checking account can still be financially beneficial, despite the tax considerations.

What’s Best for You: CD Annuities vs. CDs vs. High Yield Checking Accounts

Wondering how to make your money work harder for you? This article explores the differences between CD annuities, CDs, and high-yield checking accounts, helping you understand which option might be best for your financial goals. We'll dive into the advantages of each account type, explain the power of compound interest, and provide guidance on choosing between a CD and a high-yield checking account based on your needs. Whether you're looking for flexibility, predictable savings, or a balance of both, this comprehensive guide will help you make an informed decision about where to put your money.