The following services are available on all Midwest Bank consumer checking accounts:
Free Net Banking
Free Bill Pay
Free Electronic Statements
Optional overdraft protection from either a savings account or personal line of credit
|
Account Type |
Minimum to Open |
Minimum Balance |
Monthly Service Charge |
Interest Earned |
Free Checks |
Free ATM/ Debit Card Acess |
|
|
Reward Checking |
$100 |
None |
None |
Yes
|
Yes |
Free "Shazam" ATM & Check Card (automatic surcharges refund up to $5/time if account requirements are met)*. |
4.01% APY earned on balances between $.01-25,000 and 1.01% APY on amounts > $25,000 when account requirements are met*
|
|
Midwest Checking |
$100 |
None |
None |
No |
Yes First Order |
Free "Shazam" ATM Card or "Shazam" ATM & Check Card (refund surcharges up to $5/time with receipts)** |
|
|
Interest Checking |
$500 |
$500 |
$5.00 monthly service charge if daily available balance drops below $500 |
Yes -Tiered interest rates
|
Yes First Order |
Free "Shazam" ATM Card or "Shazam" ATM & Check Card (refund surcharges up to $5/time with receipts)** |
|
|
Advantage Checking |
$100 |
None |
$7.00 |
Yes |
Yes Plus Free travel cards, cashiers checks and money orders |
Free "Shazam" ATM or "Shazam" ATM & Check Card (refund surcharges up to $5/time with receipts)** |
-Free small safe deposit box first year -“Accidental Death & Dismemberment Insurance” -Credit card protection service -Free notary service -Free photocopies (limit 10 per month) Discounts on: -travel services -hotel & motel -pharmacy products -movie theater tickets -shopping service -grocery coupon service |
|
(Must be age 55 or older) |
$100 |
None |
$4.00 |
Yes |
Yes Plus Free travel cards, cashiers checks and money orders |
Free "Shazam" ATM or "Shazam" ATM & Check Card (refund surcharges up to $5/time with receipts)**
|
-Free small safe deposit box first year -“Accidental Death and Dismemberment Insurance” -Credit card protection service -Free notary service -Free photocopies (limit 10 per month) -Eye Care Plan of America Discounts on: -medical ID kits -travel services -pharmacy products -movie theater tickets -shopping service -grocery coupon service |
* Rewards Checking requirements are to set up one direct deposit, receive your monthly statement electronically, and make a minimum of 10 debit card Point of Sale (POS) transactions per statement cycle. If you do not meet the requirements per cycle, your account will still function as a free checking account earning an Annual Percentage Yield (APY) of .20%.
**$1.50 per month fee if ATM & Check Card is used less than 3 times per month as a Point of Sale (POS) transaction