Checking

Not everyone uses checking accounts the same way. That is why you need a bank that has a variety of options to serve you. From free checking accounts to online banking accounts, we have one to meet your individual needs. 

Mid America Bank & Trust Company offers several types of checking accounts so you can choose the one that best serves your lifestyle and financial needs. Select the checking account and the features you like - from a standard account with no minimum balance requirement to our Maximum Free Checking and interest-bearing accounts. Each offers free checks and other benefits. Read more about our accounts below. If you would like more information regarding new accounts, eligibility requirements, regulations or current interest rates, contact us or visit us in Dixon, St. Robert, and Rolla.

 

DescriptionsStandard CheckingMaximum Free Checking*Silver Statesman AccountNow Account
Minimum Initial Deposit $20 $20 $20 $500
Minimum Balance to Avoid Service Charge $0 $0 $0 $500
Monthly Service Charge $0 $0 $5.00 (see club details & benefits $7.50 if balance falls below $500
Fees $29 overdraft
$29 return check
$29 overdraft
$29 return check
$29 overdraft
$29 return check
$29 overdraft
$29 return check
ATM Card Yes, upon opening Yes, upon opening Yes, upon opening Yes, upon opening
Debit Card Yes, upon opening Yes, upon opening Yes, upon opening Yes, upon opening
Special Benefits
  • Free Checks (from 1 of 8 designs)
  • Free Internet Banking
  • Free Bill Pay

Free Checks (from 1 of 8 designs)

To Meet Requirements for Maximum Free Checking:

  • must receive statement electronically
  • must access internet banking one time during statement period
  • recieved one ACH item each month (debit or credit)
  • must use debit card 10 times each month (must be P.O.S transactions)
  • Free Economy Line Checks
  • Free Small safety deposit box or $15 credit toward a larger box
  • No fees on traveler cheques for one
  • No fees on Cashiers Checks, photocopies or faxes
  • Occasional Banquets
  • Group rates on sponsored trips, which also applies to immediate family members 13 years of age and older
  • 1/2 off Discover Gift Card fees or American Express Gift Card fees
  • .10% above on interest bearing accounts
  • Silver Statesman NOW and Silver Statesman Money Market also available
  • must be 50 or older
  • Interest bearing account
  • Unlimited checks per month

 

  • $20.00 Initial deposit
  • No minimum balance required
  • No service charges
  • ATM card / debit card available
  • Free checks (available from our free checks selection)
  • Free internet banking and bill pay
  • $500.00 Initial deposit required
  • Minimum balance of $500.00 must be maintained to avoid $7.50 monthly service charge
  • Interest compounded monthly (see our current rate sheet, rates are subject to change)
  • Unlimited check writing ATM card / debit card available
  • Free checks (available from our free checks selection)
  • Free internet banking and bill pay
  • Must be a personal account or qualifying business
  • $20.00 Initial deposit required
  • Unlimited check writing
  • No minimum balance required
  • Free Checks (available from our free checks selection)
  • Free ATM/Debit Card
  • Free internet banking / bill pay
  • Refund ATM fees nationwide (up to $15.00 per month)
  • No monthly service charge
  • Ask us about our great rates on balances up to $25,000.00
  • 0.30% APR/APY paid monthly on balances above $25,000.00
  • If you do not meet the requirements you receive 0.10% APY and ATM fees are not reimbursed
  • Rates are subject to change

* APY = Annual Percentage Yield

* APY Good as of 04/15/2013

 
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
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, social security card, voter registration card, a recently paid bill, or other identifying documents;  a total of two forms of ID are requested.