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Female small business owner at desk
GET A $500 BONUS

Open any Essential Business Checking account in-branch and meet the qualifying criteria.1

Make an Appointment

VISIT A BRANCH TO OPEN YOUR ACCOUNT

Get Your $500 Bonus

Open any new Essential Business Checking account by November 30, 2021, and do the following:1

  • Make at least 15 debit or credit transactions within the first three statement periods.
  • Maintain a $2,500 average collected balance for the first three statement periods.
  • Check your account balance on Business Express, our Business Online Banking platform, within the first 60 days of account opening

Find a Branch

 

Checking Benefits with Every Account

Our approach to business checking is simple — we put your business first. Our account options offer minimum restrictions and maximum flexibility to help give your business momentum.

All of our business checking accounts include:2

 

Your Essential Business Checking Options

For a limited time, we are offering a $500 bonus to new business checking clients.1

  • Small business owner working at desk

    ESSENTIAL BUSINESS CHECKING


    100 FREE transactions3 per month


    Monthly Fee: $0 or $154
    Avoid fee with $1,500 minimum in average collected balance4

  • Small business owner and service truck

    ESSENTIAL BUSINESS CHECKING PLUS


    250 FREE transactions3 per month


    Monthly Fee: $0 or $254
    Avoid fee with $5,000 minimum in average collected balance4


    Access to Treasury Management Services and Bundled Suites5

  • Female small business owner on laptop

    ESSENTIAL BUSINESS CHECKING DELUXE


    350 FREE transactions3 per month


    Monthly Fee: $0 or $804
    Avoid fee with $75,000 minimum in average collected balance in combined business deposit accounts


    Access to Treasury Management Services and Bundled Suites5

You Have Plans. We Have Ideas.

A business owner meeting to discuss a revolving credit line

REVOLVING CREDIT VS LINE OF CREDIT

What’s the difference? Which works best for your business? Find out today!

We Have Ideas

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PROTECT YOUR BUSINESS AGAINST FRAUD

We take your security matters seriously. Protect yourself and your business information.

Learn More

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TRANSITION YOUR LEGACY

Ensure the foundation you have built lasts for today's employees and tomorrow's leaders.

We Have Ideas

1To receive the bonus, the new to business checking client must:

1. Open and fund a new Essential, Essential Plus, or Essential Deluxe Business Checking Account with $100 minimum deposit in new money to the bank by November 30, 2021. New money is defined as funds not on deposit at First Midwest Bank within the last 90 days. Account opening subject to First Midwest Bank approval in its sole discretion. Proper identification and verification of business status is required.

2. Enroll and log into Business Express online banking within the first 60 days.

3. Complete 15 debit or credit transactions within the first three statement periods. ATM transactions do not qualify.

4. Maintain a $2,500 average collected balance for the first three statement periods.

Once all requirements have been met, $500 credit will be issued as a credit to the account approximately 120 calendar days after account opening. The account must be open with a balance greater than zero on the day of bonus processing to receive the $500 credit. Promotional credit may be subject to IRS 1099-INT form reporting and may be considered taxable as interest income to you. Consult your tax advisor. Other than opening the account and completing listed activities, no purchase is necessary. Limit of one bonus per client, regardless of the number of accounts and includes all entities owned by or associated with client. Thus even if client has multiple accounts or has ownership in one or more entities, only one bonus will be paid to all of these collectively. If multiple accounts are opened with the same signers, only one account will be eligible for the premium. Limit of one bonus per mailing address. Offer is not available to existing First Midwest Business checking clients (including authorized signers on multiple accounts), accounts that have been closed within the past 24 months, business clients who received a promotional bonus in the last 36 months or First Midwest colleagues. This offer is subject to change and may be discontinued at any time. Bonus is not available to local, state, or federal government entities or agencies. Offer available to businesses located within Illinois, Indiana, Iowa, and Wisconsin and must be opened inside the branch only.

2Account opening is available to residents of Illinois, Indiana, Iowa, and Wisconsin. Minimum deposit requirements apply to open any new business checking account. Talk to your First Midwest Banker or Relationship Manager for detailed program requirements.

3Per item transaction fee will be charged for all items/transactions over an allotted amount during each Analysis Period. This includes electronic and paper transactions. Business Debit Mastercard® purchases do not count against the transaction limit. Transaction fees will vary depending on program and regional banking location. Review and retain a copy of the General Fee Schedule provided to you at account opening for a complete listing of your Business Account fees.

4Monthly maintenance fees and minimum balance requirements can vary depending on program and regional banking locations. Fees and minimum balance requirements are subject to change at any time. Talk to your local First Midwest Banker for details regarding specific products, features, and fees.

5Treasury Management service fees may apply.

6Mobile check deposit is subject to approval.

7Debit Card transactions and account balance inquiries are subject to fees when you use an ATM not owned or operated by First Midwest. There are limits on the number of transactions you can make using a Debit Card per calendar day. Consult your Business Account Agreement for details.

8Subject to credit approval.