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Business Basic Checking


Minimum balance to open $100.00
Minimum daily balance $0
Monthly service charge1 $0
Limitations 100 free debits, credits, and deposited items per month
Activity Fee1 $0.30 for each additional debit, credit, or deposited Item in excess of 100 per month.
Earns Interest1,2 No
Earnings credit5 No
Online Cash Manager (business online Banking) FREE
Online bill pay FREE
Integration with quickbooks FREE
ACH Manager (Business online banking)1 $3 per file and $0.10 per item in file
Wire Manager1 $15 per domestic wire; $35 per international wire
Remote Deposit Capture1 $30 per month (single feed scanner); $45 per month (automatic feed scanner)
Business check card FREE
MidWestOne-owned ATM withdrawals FREE
Non-MidWestOne-owned ATM withdrawals $1
Secure estatement FREE
PAPER statement3 $5 per statement (Non-image or image)
business credit card Available

(1) Sales Tax will apply to these items.

Nonsufficient Funds (NSF) - Per item created by check, in-person withdrawal, ATM withdrawal or other electronic means paid or returned by bank; includes savings accounts. $32.00 per item. Maximum $192.00 per day.

MidWestOne Bank will deem your transactional account inactive if you do not make any deposits to, or withdrawals from the account for a 12-month period. The statement cycle may change to semi-annual with June 30 and December 31 statements.