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Business Fee Schedule

Business Account Maintenance and Other Fees

The following table outlines what you need to know about business accounts at MIDFLORIDA.

Accounts

Free Business Checking
No minimum balance 
No fee for the first $30,000 in cash deposits; .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 and/or loans. Fee will be deducted from your checking or savings account at our option.
$0.15 per transaction over 500 free transactions.
No fee for the first $50,000 in cash deposits; 0.1% of the month’s total after.

per month $25.00
Business Money Market Savings 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 and/or
loans. Fee will be deducted from your checking or savings account at our option.
per month $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 and/or loans. 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/Debit2
    - 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 per month Free
Bill Pay Rush Services
- Expedited (ACH)
- Overnight (Check)

per item
per item

$5.00
$20.00
eStatement per month Free
Business Online Banking per month 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 Boxes3

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
Free with Premier Business Checking

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.

Effective 02/01/2024

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.
3
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.