Personal Checking

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

Advantage Plus Checking

(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