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Business Account Fees

Effective April 15, 2024

Accounts

Free Business Checking
No minimum balance. No fee for the first $30,000 in cash deposits; 0.1% of the month's total after. $0.15 per transaction over 300 free transactions.

No monthly fee

Business Checking Plus Interest
Fee waived if member maintains an average daily balance of $5,000. No fee for the first $40,000 in cash deposits; 0.1% of the month's total after. $0.15 per transaction over 400 free transactions.

per month $25.00

Analyzed Checking
See associate for details.

Fee varies

Freedom Business Checking
No fee for the first $20,000 in cash deposits; 0.1% of the month's total after. $0.15 per transaction over 200 free transactions.

per month $15.00

Premier Business Checking
Fee waived if member maintains an average daily balance of $25,000 in account, or at least $75,000 in loans or $50,000 in cumulative deposits. Fee will be deducted from your checking or savings account at our option. No fee for the first $50,000 in cash deposits; 0.1% of the month's total after. $0.15 per transaction over 500 free transactions.

per month $25.00

Business Money Market Account
Fee waived if member maintains an average daily balance of $10,000 in account, or at least $75,000 in loans or $50,000 in cumulative deposits. Fee will be deducted from your checking or savings account at our option.

per amount $25.00

Business Savings Account
Fee waived if member maintains an average daily balance of $100 in account, or at least $75,000 in loans or $50,000 in cumulative deposits. Fee will be deducted from your checking or savings account at our option.

per month $10.00

Extreme Business Savings
Fee waived if member maintains a daily minimum balance of $50,000.

per month $50.00

Card Services

Cash Advance on Foreign Credit Cards

per transaction

$5.00

Foreign ATM Transaction
(Inquiry, Loan Advance, Transfer, Withdrawal)

per item $2.00

Loan Payment on Foreign Debit/Credit Card

per transaction

$5.00 or 3% of payment, whichever is greater

Proprietary ATM Transaction - MIDFLORIDA

Free

Debit or Credit Card Rush Fee

per item $30.00

Deposit Services

Account Closing by Mail

$15.00

Cash Services

  • Currency Outgoing
  • Rolled Coin Outgoing

 

per $1,000
per $1,000​
$1.00
$1.00​

Cashier's Check to Third Party

  • Member Fee
per check

$5.00

Coin Exchange Fee

  • Non-members
per day

5% of amount

Courtesy Transfer Fee

  • Savings and Checking
  • Loan

per transfer
per transfer

$3.00
$10.00

Deposit Correction Fee

per incident

$5.00

Foreign Check Collection Fee

per item

$35.00

Fund Transfer by Phone
Charged for phone-initiated transfers

per transaction

$5.00

Inactive Fee
No account activity for 12 months

per month

$5.00

Insufficient Funds (NSF) Fee

  • Returned Fee - Checks1 and ACH (MIDFLORIDA returned the item for which there were insufficient funds.)
  • Paid (Overdraft) Fee (MIDFLORIDA paid the item for which there were insufficient funds)
    • Checks and ACH
    • ATM/Debit 2
      • First overdraft/mo.
      • Second+ overdrafts/mo.

 

per item




per item

per item
per item​
$30.00




$30.00

$10.00
$30.00​

Negative Balance Fee
Charged the sixth day the account is negative more than $30

per day

$5.00

Night Deposit Disposable Bags

per item $0.50

Night Deposit Lock Bag

per item $25.00

Night Deposit Zipper Bag

per item $5.00

Paper Statement Fee
Fee can be avoided by signing up and accepting eStatement

per month

$3.00

Reference Letters

per request

$5.00

Return of Deposit Item

per item

$15.00

Return Mail Fee

per item $5.00

Statement Copy / Account History
Fee for a prior statement copy or a printout of recent transaction history

per copy

$3.00

Stop Payment Order

per item

$30.00

Temporary Checks (4)

per set

$5.00

Online Services

ACH Origination

  • ACH Return
  • ACH Notification of Change

 

per item
per item​
$5.00
$2.00

Bill Payment

Free

Bill Pay Rush Services

  • Expedited (ACH)
  • Overnight (Check)
per item
per item​
$5.00
$20.00​

eStatement

Free

Business Online Banking

Free

Business Online Banking Plus

per month

$7.00

Treasury Services - Small Business Online Banking
Free with Premier Business Checking

per month

$15.00

Treasury Services - Corporate Online Banking

per month

$30.00

Safe Deposit Boxes

The contents in your safe deposit box are safe but, unlike your accounts, they are not insured. Sizes listed are not available at all locations.

3x5
5x5
3x10
5x10
10x10

per year
per year
per year
per year
per year​
$35.00
$40.00
$50.00
$65.00
$100.00​

Drilling

per incident

$128.00

Key Deposit

per box

$5.00

Key Replacement

per incident

$32.00

Wire Transfers

Domestic - Incoming per wire

$10.00

Domestic - Outgoing per wire

$20.00

Foreign - Incoming
Free with Premier Business Checking

per wire

$10.00

Foreign - Outgoing per wire

$45.00

Miscellaneous

Legal Processing Fee

per incident

$100.00

Money Order

per item

$5.00

Retired Accounts

Business Money Market Checking
If average daily balance falls below $1,000

per month

$10.00

Extreme Business Checking
If average daily balance falls below $50,000; $0.15 per transaction over 750 free transactions

per month

$50.00

First Class Business Savings
If average daily balance falls below $500

per month

$5.00

Non-Profit Checking
If average daily balance falls below $100

per month

$3.00

Treasury Management Services

For information regarding Treasury Management products and services, please call (352) 291-5995 or email treasurymanagement@midflorida.com.

Notices & Disclosures 
1 If a paper check is returned for Insufficient Funds, MIDFLORIDA will refund the Returned Fee.
2 If you have Check Advance and the item/transaction is $5 or less, you will not be charged an Overdraft Fee.