Personal BoD Conversion Book and Disclosure Packet

Overdraft Services

Overdraft Protection Plans

be enrolled in OOPS with a $1,500 limit. You may choose to decline this service at any time. New accounts meeting product and ownership eligibility requirements opened on or after March 11, 2024, will automatically be enrolled into OOPS after the account has been open for 30 days. Cost: There is no cost to be enrolled in OOPS. We may charge an overdraft fee for any item we pay into overdraft. For additional details please see Occasional Overdraft Protection Service Guidelines located in the enclosed disclosure packet. If enrolled in OOPS, Consumer Accounts may be eligible for Overdraft Flex, we will not charge a fee if your account is overdrawn by $50 or less and you’ve met the qualifying conditions: Meet the “good standing” criteria for OOPS. An account in good standing exhibits, but not limited to, the following characteristics: Account has been opened for thirty (30) days, Account has a positive balance at least once every thirty (30) days, Account is not subject to any legal or administrative order. Be enrolled in an eligible consumer checking account product. Receive a total of $500 in qualified direct deposits into the MidWest One Bank checking account in the previous 35 days. A “qualified direct deposit” is defined as a direct deposit by ACH transfer of payroll, pension, or government benefits from your employer or government agency. The recipient’s name associated with such deposits must match the name of the MidWest One Bank checking account holder. Our fees will be added to any outstanding overdrafts you may have and will be applied against your OOPS limit. This service is offered at the discretion of MidWest One Bank and is a purely discretionary courtesy that we may provide for you. Your account will be charged the current fee for each item whether paid or returned unpaid.

You may choose one – or all – of the services below. If you select more than one option, the service will be activated in the numerical order you elect: 1. Existing automatic transfer from checking, savings, or money market accounts Transfers from checking or savings or money market accounts will be made in increments of $100 to cover each overdraft in your checking account. Debit card and ATM transactions will be authorized based on your available balance in your transfer account. 2. Existing automatic transfer from an eligible line of credit (subject to credit approval) Advances in increments of $100 on an eligible line of credit can be made to cover each overdraft on your checking account up to your credit limit. Debit card and ATM transactions will be authorized based on your available balance in your transfer account. Interest will be charged per your loan agreement on the outstanding balance on your line of credit. 3. Effective March 11, 2024 OOPS–Occasional Over draftProtection Service (subject to qualifications) MidWest One Bank offers an Occasional Overdraft Privilege Service on specific account types. If your account qualifies for OOPS, we will consider, without obligation on our part, paying items for which your account has insufficient or unavailable funds, instead of automatically returning those items unpaid. On March 11, 2024, your account will be enrolled in OOPS if it meets the eligibility requirements for product type and ownership type listed on the next page. Consumer accounts will be enrolled in OOPS with an $800 limit and business accounts will Cost: No cost Cost: No cost

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