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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 
$0.15 per transaction over 500 free transactions1
  No monthly fee
Business Checking with Interest
if average daily balance falls below $5,000
$0.15 per transaction over 500 free transactions1
per month $25.00
Freedom Business Checking 
if average daily balance falls below $100 
$0.15 per transaction over 100 free transactions1
per month $25.00
Business Money Market
No minimum balance
  No monthly fee
Business Money Market Checking
if average daily balance falls below $1,000
per month $10.00
Business Savings
if average daily balance falls below $100 2
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 
Extreme Business Savings
if daily minimum balance falls below $50,000
per month $50.00
Non-Profit Checking
if average daily balance falls below $100
per month $3.00
Non-Profit Savings
No minimum balance
  No monthly fee

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

Deposit Services

Account Closing By Mail   $15.00
Account Research
one hour minimum
per hour $10.00
Address Locator Fee per incident $5.00
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 / Cash Deposit 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
Excessive Debit Fee
More than 6 withdrawals per month
- From Business Money Market Checking 
- From Savings or Money Market
- From Extreme Business Savings

 

per incident

per incident

per incident

 

$5.00

$25.00

$50.00

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
Purchase currency / rolled coin per $100 $2.00
Reference Letters per request $5.00
Remote Deposit Capture 4
Software to process high-volume deposits
per month Free
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

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
Online Banking per month Free

Safe Deposit Boxes5

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 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

Effective 11/14/2019

Notices & Disclosures
1
Multiple checks deposited in the same transaction will count as one transaction. Debit card transactions are excluded from transaction limits.
2
Fee waived if member maintains an average daily balance of $100 in the account, or at least $50,000 in loans or $75,000 in cumulative deposits and/or loans. Fee will be deducted from your checking or savings account at our option.
3
If you have Check Advance and the item/transaction is $5 or less, you will not be charged an Overdraft Fee.
4
Must meet credit underwriting approval.
5
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.