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Free Checking

Want all the basics with no monthly service charge? Then Free Checking at MidWestOne Bank may be the right solution for you.

Features
Free Checking
Minimum balance to open
$100.00
Minimum daily balance
$0.00
Monthly service charge3
$0.00
Free and Required
Paper Statement Fee3
$3.00/statement
Paper Image Statement Fee3
$3.00/statement
Earns Interest1,2
No
FREE
FREE
$2.00/month
No initial setup fee
$5.00 initial setup fee
$10.00 initial setup fee
MidWestOne-owned ATM withdrawals
FREE 
Non-MidWestOne-owned ATM withdrawals
$1.00/withdrawal
OOPS OVERDRAFT PROTECTION SERVICE Available. Details here.
Additional Benefits & Information
Onederful Rewards - Earn $0.05 cash back for each signature-based MidWestOne Bank Visa Check Card transaction that posts & clears your account.

 (1) Daily Balance Method used to calculate interest on account. This method applies a daily periodic rate to the principal balance in the account each day.
(2) Interest rates are variable and subject to change at the bank’s discretion at any time. The annual percentage yield may vary due to the interest rate changes and fees. Please refer to our Deposit Rates for current interest rates and annual percentage yields based on designated balance tiers.
(3) Sales Tax will apply to these items.
(4) This relationship includes personal checking, savings, certificate of deposits, IRA's and current balance on consumer loans.  Excluding residential real estate loans, demand deposit loans, and Fresh Start loans.
(5) The mobile app is free.  The service is free.  Message and data rates may apply from your wireless carrier.

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. An inactive account remains subject to service charges and may be assessed a non-refundable monthly $5 inactivity fee. The statement cycle may also change to semi-annual with June 30 and December 31 statements.