Home / Business / Banking / Checking / Business Analysis Checking

Business Analysis Checking


Minimum balance to open $100
Minimum daily balance $0
Monthly service charge1,4 $15
Limitations Unlimited
Activity Fee1,4 $0.08 Deposited Items; $0.20 Debit; $0.25 Credit; $0.10 ACH Debit or Credit(4)
Earns Interest1,2 No
Earnings credit2,3 Yes
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

Remote Deposit Capture1

$30 per month (single feed scanner); $45 per month (automatic feed scanner)
Business DEBIT card FREE
MidWestOne-owned ATM withdrawals FREE
Non-MidWestOne-owned ATM withdrawals $1 (calculated in analysis)
Secure estatement FREE
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.