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Money Market

Home Personal Banking Savings Money Market Account

Money Market Account

Have confidence in a secure investment with limited check writing and a higher rate.

Open Account


Standard Features

Minimum balance to open$1,000
Minimum daily balance


Monthly service charge4$8, if minimum daily balance is not met
Earns interest1Yes, tiered rate structure
Activity Service Charge Fee2$10 per statement cycle exceeding 6 transactions4
Electronic statementsNo fee
Online and mobile banking3Yes
ATM card availableYes, $5 initial set up, $1 monthly
Withdrawals from MidWestOne ATMsNo fee
Withdrawals from non-MidWestOne ATMs

5 no fee withdrawals per statement cycle; $1/withdrawal after 5

Optional Features

Optional features
Paper statements (Non-image or image)No Fee


Open Account


1Interest begins to accrue the business day we receive credit for the deposit of non-cash items (i.e. checks). Interest is compounded and paid monthly on the last day of your statement cycle. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the available balance in the account each day. The interest rate is variable and subject to change at the bank's discretion. The annual percentage yield may vary due to interest rate changes and fees. Refer to our Deposit Rates for current interest rates and annual percentage yields.

2Assessed each monthly statement cycle for activity of more than six (6) withdrawals/transfers per statement cycle.

3Message and data rates may apply.

4Iowa state sales tax may apply for accounts maintained in Iowa.