Loyalty Banking Program

1)The bonus offer is only open to employees of Minnwest Bank business customers. Proof of employment may be required. Subject to approval, limit one offer per person, per account. Bank may discontinue at any time. The $100 offers only applies to the bank’s Digital and Preferred consumer checking products opened through the Loyalty Banking Program. The $100 offer is not available to existing Minnwest Bank consumer checking account holders. Not available if you have closed a Minnwest checking within the last 12 months. The $2.00 monthly service charge is available to anyone who meets the employment qualifications for the Preferred Checking. Qualifications: Two recurring electronic direct deposits totaling $500 or more post to your account within two full statement cycles from account opening. A full statement cycle is defined as a statement with approximately 30 days of activity. Minnwest Bank automatic deposit account transfers do not qualify. Once two full statement cycles have elapsed and you’ve met the ongoing direct deposit requirements, the $100 credit will be posted to your new checking account within 30 calendar days. Minimum deposit to open either of these checking accounts is $100. An IRS 1099 form may be issued. 2) IDProtect service is a personal identity theft protection service available to personal checking account owner(s) and their joint account holders. Service is not available to clubs, organizations and/or churches and their members, schools and employees/students. 3) Third-party message, data and/or internet service provider rates may apply. 4) Mobile phone bill must be paid through this account. Special Insurance Program Notes: The descriptions herein are summaries only. They do not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Insurance is offered through the company named on the certificate of insurance. Guide to Benefit is provided at account opening. 5) Digital Checking is interest-bearing. No minimum balance to obtain APY. Annual percentage yields are effective 04/09/24. Digital checking up to $10,000.00 (0.50%), over $10,000.01 (0.05%). To earn higher interest on daily balances you must: enroll in online banking and online statements; complete 15 POS debit card transactions. Rates subject to change. Overdraft and non-sufficient funds (NSF) fees may apply. Fees could reduce earnings.