At MidWestOne we're all about relationships. If you are too, then Relationship Checking may be the one for you.
|Minimum Balance Required to Open:||$1,000.00|
|Minimum Daily Balance to avoid a monthly service fee:||$1,000.00 or a total relationship3 balance of $25,0002|
|Monthly Service Fee:||$10.00 if balance requirements are not met2|
|Interest Earned:||Yes - Tiered Structure|
|Online Bill Pay:||Free4|
|Check Card or Photo Check Card:||Free|
|OneCard™ Customized Check Card:||$10.001|
|Deluxe Provent ID Theft Restoration:||$2.00 per month5|
|MidWestOne Owned ATM:||Free|
|Non-MidWestOne Owned ATM:||5 free withdrawals per statement period. $1.00 per withdrawal after 5.|
|Printed Image Statements||$3.00 per account, per statement|
1 Sales tax will apply to these items.
2 There are no monthly maintenance fees if any of the following occur:
If your balance falls below these requirements during your statement period there is a monthly maintenance fee of $10.001.
3 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.
4 There may be fees for certain optional services available through Online Bill Pay.
5 MidWestOne Bank checking account is required for payment of fees.
MidWestOne uses the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest rates are variable and subject to change at the bank's discretion at any time. The annual percentage yield (APY) may vary due to the interest rate changes and fees. Please refer to our published deposit rates for current interest rates and APYs based on designated balance tiers. The 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 plus applicable sales tax. The statement cycle may also change to semi-annual with June 30 and December 31 statements.