Checking and Savings Accounts

If your Instant Cash & Check Card^® is
ever lost or stolen, Click Here

Mid-Central Federal Savings Bank offers a deposit product to meet your needs. To obtain more information, or open an account, just stop by one of our convenient locations, or call 218-631-1414

FREE CHECKING ACCOUNT

• No minimum balance.
• No monthly maintenance fee.
• Instant Cash & Check Debit Card*.
• FREE Online Banking.
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.

INTEREST CHECKING ACCOUNT

• Minimum Balance $500.
• No Monthly Service Charge (if below minimum balance - $5)
• Tiered Interest Rates.
• FREE Overdraft Protection - Swept from your savings account
  (up to 6 times per month)
• Instant Cash & Check Debit Card*.
• ATM Fees Refunded - with $5000 average balance.
• FREE Online Banking.
• FREE Bill Pay
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.

SENIOR CHECKING ACCOUNT

• No minimum balance.
• No monthly Service Charge.
• Free Checks
• Tiered Interest Rates.
• Instant Cash & Check Debit Card*.
• FREE Online Banking.
• FREE Bill Pay
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.

BUSINESS CHECKING ACCOUNT

• No minimum balance.
• Account Analysis With A Tiered Earnings Credit Rate
• Business Instant Cash & Check Debit Card*.
• FREE Online Banking.
• FREE Tax Depository.
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.
• Coin & Currency Service

BUSINESS INTEREST CHECKING ACCOUNT

• No Minimum Balance.
• Account Analysis.
• Tiered Interest Rate.
• Business Instant Cash & Check Debit Card*.
• FREE Online Banking.
• FREE Tax Depository.
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.
• Coin & Currency Service

COMMERCIAL CHECKING ACCOUNT

• Cash Management
• Sweep Accounts
• ACH Origination
• No Minimum Balance.
• Account Analysis With A Tiered Earnings Credit Rate
• Business Instant Cash & Check Debit Card*.
• FREE Online Banking.
• FREE Tax Depository.
• FREE Bank by Mail.
• FREE After Hours Depository.
• FREE 24-Hour Telephone Banking.
• FREE Notary Service.
• Coin & Currency Service

  Instant Cash and Check^sm Card
  

  • *Available FREE of charge for all qualified checking account customers.
  • FREE ATM withdrawals at any Instant Cash^sm ATM location (excluding surcharge fees charged by the ATM's owner).
  • The Instant Cash and Check^sm Card allows you to make withdrawals for purchases directly from your checking account.
  • The Instant Cash and Check^sm Card allows you to transfer between your checking and statement savings account at mostATM locations.

  All checking accounts require a $100 opening balance.

MMDA SAVINGS

• Interest paid monthly.
• No monthly maintenance charge if $1,000 Minimum Daily Balance is maintained.
• $5.00 monthly charge if Minimum Daily Balance falls below $1,000.

STATEMENT SAVINGS

• Interest compounded and paid quarterly.
• $10 minimum balance required to avoid service fee of $1 per month.
• Monthly statements are conveniently combined with your other checking or MMDA accounts.
• ATM access allowed to qualified customers.

HEALTH SAVINGS ACCOUNTS

• $100 minimum to open account
• Opening fee (Non-Customer) of $25, Customers have no opening fee.
• No monthly maintenance charge.
• Checks may be purchased by customer. Health Savings Account will be written above the signature line. Instant Cash & Check cards are also available for this account.

CERTIFICATES OF DEPOSIT

• Competitive rates with maturities ranging from 3 months to 5 years.
• $500 minimum balance required.

Identification Procedures Requirements: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver's license or other identifying documents.

• Amortization Schedules: $5.00
• ATM Usage (excluding surcharges)
  Instant Cash^sm ATMs: No Charge
  Foreign ATMs: $1.00
• Checkcard Replacement: $5.00
• Dormant Account Fee: $1.00/month
• Fax-lncoming: $1.00/page
• Fax-Outgoing: $4.00 + $0.50/page
• Garnishments, Levies: $30.00
• IRA Annual Fee: $20.00
• IRA Closing Fee: $25.00
• Money Orders: $2.00
• Cashier's Checks: $2.00/each* *first 3 free each month
• Notary Service (For Customers): No Charge
• NSF and Overdraft Checks: $22.00/item
• NSF Daily Maximum: $110.00
• Records Research: $20.00/hour
• Return of Deposited Item: $2.00/item
  
• Bank Zipper Bags: $3.00
• Safe Deposit Boxes
  Rental - Wadena: $30.00 - $60.00/year
  1 LostKey: $10.00
  2 Lost Keys/Drilling: AT BANK COST
• Statement Balancing: $20.00/hour
• Statement Copy: $5.00
• Stop Payments: $15.00
• Travelers Checks: $1.00/$100.00
• Travelers and Prepaid Gift Cards: $4.95/each
• Wire Transfers
  Outgoing: $20.00
  Incoming: $15.00