Business Analysis Checking
Our Business Analysis Checking account is best for larger companies that have a high volume of transactions and complex cash management needs. The account is eligible for earnings credit, which may be used as an offset against many fees.
Standard Features
| Features | |
|---|---|
| Minimum balance to open | $100 |
| Minimum daily balance | None |
| Monthly service charge1,3 | $15 |
| Activity fee1,3 | $0.10 per deposited check; $0.20 debit; $0.30 credit; $0.10 ACH debit or credit |
| Earns interest | No |
| Earnings credit2 | Yes |
| Business online & mobile banking | No fee, message and data rates may apply |
| Business debit card | No initial set up fee |
| Withdrawals from MidWestOne-owned ATMs | No fee |
| Withdrawals from ATMs not owned by MidWestOne1,3 | $1/withdrawal |
| Electronic statements | No fee |
Optional features
| ACH Manager3,5 | Available, learn more |
| Positive Pay | Available, learn more |
| Remote deposit capture3,5 | Available, learn more |
| Wire Manager3,5 | Available, learn more |
| Overdraft protection | Available, learn more |
| Online bill pay | No fee |
| Quick Books integration | No fee |
| Paper statement or paper image statement1 | $5/statement |
1Sales tax may apply.
2An 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.
3Fee may be placed into monthly earnings credit analysis.
4Interest charges on overdrawn balances and uncollected funds are calculated each day based on current Prime Rate plus 4% per annum.
5Subject to credit approval.