BUSINESS ANALYSIS CHECKING FEATURES
|Minimum balance to open||$100|
|Minimum daily balance||$0|
|Monthly service charge1,4||$15|
|Activity Fee1,4||$0.08 Deposited Items; $0.20 Debit; $0.25 Credit; $0.10 ACH Debit or Credit(4)|
|Online Cash Manager (business online Banking)||FREE|
|Online bill pay||FREE|
|Integration with Quickbooks||FREE|
|ACH Manager (Business online banking)1,4||$3 per file and $0.10 per item in file (calculated in analysis)|
|Wire Manager1,4||$15 per domestic wire; $35 per international wire|
|$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 (calculated in analysis)|
|PAPER statement1,4||$5 per statement (Non-image or image)|
|business credit card||Available|
(1) Sales Tax will apply to these items.
(2) Interest charges on overdrawn balances and uncollected funds are calculated each day based on current Prime Rate plus 4% per annum.
(3) An earnings allowance is applied to offset service fees. The monthly earnings credit rate is subject to change and calculated on the monthly net average positive available balance.
(4) Monthly fee may be placed into monthly analysis.
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. No maximum 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 The statement cycle may change to semi-annual with June 30 and December 31 statements.