First Midwest Bank Easy Checking Review

First Midwest Bank Easy Checking is offered by First Midwest Bank, a bank founded in 1933 and based in Chicago, . First Midwest Bank Easy Checking is available in 4 states across the USA.

• 0% APY. As with most checking accounts, First Midwest Bank Easy Checking does not pay interest.
• Charges a monthly fee. This account charges a monthly maintenance fee of up to $7.49, but the fee is waived if you keep a minimum balance of $100.
• Large minimum initial deposit. You need a minimum deposit of $100 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
• Free bill pay. Pay your bills to practically anyone in the United States through First Midwest Bank.
• Hard credit pull. First Midwest Bank may require a hard pull on your credit report to open a checking account.

Are checking accounts from First Midwest Bank federally insured?

Yes, your First Midwest Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does First Midwest Bank Easy Checking offer?

First Midwest Bank Easy Checking is not an interest-bearing account.

What are the account minimums for First Midwest Bank Easy Checking?

First Midwest Bank Easy Checking requires a minimum initial deposit of $100 to open an account.

What fees does First Midwest Bank Easy Checking charge?

This account charges a monthly maintenance fee of up to $7.49.

What features and perks does First Midwest Bank Easy Checking offer?

This account includes the following features:

• Fraud monitoring - First Midwest Bank Easy Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - First Midwest Bank Easy Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.