Connections Club Checking
With a Connections Club checking account you’ll have access to special options.
Qualifications
- Must be 55 years or older
- Maintain a Connections Club checking account
- Maintain a minimum balance of $10,000 in your MidWestOne relationship balance or a daily Connections Club account balance of $1,000 or more
Special club savings and discounts
- $18 annual discount on safe deposit box rent
- Two FREE boxes of MidWestOne-branded checks per year, or $6 discount on other styles
- No fees for tellers checks, outgoing faxes or photocopies
- No issuance fee for Visa prepaid gift card
Standard features
| Features | |
|---|---|
Minimum balance to open | $1,000 |
Minimum daily balance | $1,000, or a total relationship balance of $10,000. This relationship includes personal checking, savings, certificates of deposit, IRAs and current balance on consumer loans. Excludes residential real estate loans, demand deposit loans, and Fresh Start Loans. |
Monthly service charge | $10, only if balance requirements are not met3 |
Statements – electronic, paper or paper image statements | Free |
Earns interest1,2 | Yes, tiered rate structure. View rates. |
Online and mobile banking | No fee, message and data rates may apply |
Online bill pay | No fee |
Standard debit card | No initial set up fee |
Withdrawals from MidWestOne-owned ATMs | No fee |
Withdrawals from ATMs not owned by MidWestOne | 5 no fee withdrawals per statement cycle. $1/withdrawal after 5. |
Optional Features
$10 initial set up fee.3 | |
Available, learn more |
1Daily Balance Method used to calculate interest on account. This method applies a daily periodic rate to the principal balance in the account each day.
2Interest 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.
3Sales tax may apply.