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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 transactions1

  No monthly fee

Business Checking with Interest
if average daily balance falls below $5,000
No fee for the first $40,000 in cash deposits; .1% of the month’s total after.
$0.15 per transaction over 400 free transactions1

per month $25.00
Analyzed Checking
See associate for details
  Fee varies
Freedom Business Checking 
if average daily balance falls below $100 

No fee for the first $20,000 in cash deposits; .1% of the month’s total after.
$0.15 per transaction over 200 free transactions1

per month $15.00

Premier Business Checking
if average daily balance falls below $25,000, or loans fall below $75,000, or cumulative deposits and/or loans fall below $50,000
$0.15 per transaction over 500 free transactions.
No fee for the first $50,000 in cash deposits; .1% of the month’s total after.

per month $25.00
Business Money Market Savings Account
if average daily balance falls below $1,000, or loans fall below $75,000, or cumulative deposits and/or loans fall below $50,000
per month $15.00
Business Membership Savings Account
if average daily balance falls below $100, or loans fall below $75,000, or cumulative deposits and/or loans fall below $50,000
per month $10.00
Extreme Business Savings
if daily minimum balance falls below $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
Photo Credit Card Fee per item $5.99
Photo Debit Card Fee per item $5.99
Photo of ATM Transaction per photo $60.00
Proprietary ATM Transaction - MIDFLORIDA    Free
Debit or Credit Card Rush Fee per item $30.00

Deposit Services

Account Closing By Mail   $15.00
Account Research
one hour minimum
per hour $10.00
Address Locator Fee per incident $5.00

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
Check Copy Fee per item $2.00
Check Replacement Fee
non-member fee for cashier's check
per check $5.00
Checkbook Balancing Fee per hour $10.00
Coin Exchange Fee
Members

Non-members


per day

per day


5% of amount over $200
5% of amount

Courtesy Transfer Fee
- Savings and Checking
- Loan

per transfer
per transfer

$2.50
$10.00
Deposit Correction Fee per incident $5.00
Foreign Check Collection Fee per item $35.00
Fund Transfer by Phone
charged if calling a branch or Help Desk
per transaction $5.00
Inactive Fee
no activity on account for 12 months and combined deposit balance less than $100
per month $5.00

Insufficient Funds (NSF) Fee
- Returned Fee - Checks 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/Debit3
    - First overdraft/mo.
    - Second+ overdrafts/mo.


per item

 




 

per item

per item
per item


$30.00

 




 

$30.00

$10.00
$30.00

Membership Cancellation Fee
charged if closed within 6 months of account opening
  $5.00
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 $2.00
Phone Inquiry Fee
charged if calling a branch or Help Desk
per call $1.00
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 $1.00
Stop Payment Order per item $25.00
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 Boxes4

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

Fax Machine Usage Fee per request $2.00
Garnishment Fee per incident $100.00
Levy Fee per incident $100.00
Money Order per item $3.00
Notary Fee - Non-members per visit $5.00
Photocopy Fee per page $0.25

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 transactions1
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 011/22/2021

Notices & Disclosures
1
Transactions are defined as items (checks paid/other debits, deposited items). No excess transaction fee for ACH, debit card transactions, wires, RDC and electronic debits.
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.