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Classic Checking
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Signature Checking
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High Five Checking
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Senior Checking
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Best account if you need
A checking account that offers many ways to avoid a monthly service charge. An interest-bearing account with exclusive benefits and unlimited transactions. A great starter account for students from ages 13-24. A straightfoward account for those over 60 with no balance or deposit requirements.  A checking account that may help you rebuild a banking relationship. An interest-bearing account that gives you our highest interest rate on balances up to $10,000.1
Interest-earning
No Yes2 No No No Yes
Minimum opening deposit
$50 $50 $50 $50 $50 $50
ATM usage
No fees when you use MB ATMs. No MB fees when you use up to 2 non-MB ATMs per statement cycle. No fees when you use MB ATMs. No MB fees when you use non-MB ATMs. No fees when you use MB ATMs. No MB fees when you use up to 5 non-MB ATMs per statement cycle. No fees when you use MB ATMs
No MB fees when you use non-MB ATMs
No fees when you use MB ATMs
No MB fees when you use up to 2 non-MB ATMs
No fees when you use MB ATMs. No MB fees when you use up to 4 non-MB ATMs per statement cycle.
ATM Freedom3
Eligible Eligible Eligible Eligible Not Eligible Eligible
MB Debit Mastercard®4
Eligible Eligible Eligible Eligible Eligible Eligible
Free Checks
No Yes, up to two boxes of MB Basic checks per year5 No 25% discount on up to two boxes of MB Basic checks per year No No
Internet banking
Yes Yes Yes Yes Yes Yes
Online bill payments and check writing
Unlimited
Unlimited Unlimited
Unlimited 

Unlimited

Unlimited
Ways you can avoid a monthly service charge 
1. Make monthly deposits totaling $500 or more, or
2. Average balance of $3,000 in related deposit accountsor
3. 10 total payment transactions9
Otherwise, there is a monthly service charge of $9.95
1. Keep a $5,000 average daily balance in this account or
2. $15,000 in related deposit balances7 or
3. $25,000 in related deposit and home equity loan/line balances10
Otherwise, there is a monthly service charge of $19.95
1. Make monthly deposits totaling $100 or more or
2. $250 average daily balance8 or
3. Parent/guardian has an MB checking account.
Otherwise, there is a monthly service charge of $5.95
1. Make 5 payment transactions9 each monthly statement cycle
otherwise, there is a monthly service charge of $5.95
There is a monthly service charge of $3.95  Maintain an average daily balance of $2,000 in this account.8 Otherwise, there is a monthly service charge of $11.95.
Additional features

Discount off mortgage closing costs for MB customers.11

Free cashiers' checks, money orders, and incoming wire transfers. Discount on safe deposit box rental12 Special note: Young people ages 13 through 17 require a parent or guardian as joint owner. This account automatically converts to MB Classic Checking once the primary owner reaches age 25.

Discount off mortgage closing costs for MB customers.11

Discount off mortgage closing costs for MB customers.11 

Discount off mortgage closing costs for MB customers.11

Paper Statement Fee
A $3.00 paper statement fee can be avoided by enrolling in E-Documents.13 A $3.00 paper statement fee can be avoided by enrolling in E-Documents.13 A $3.00 paper statement fee can be avoided by enrolling in E-Documents.13

No 

A $3.00 paper statement fee can be avoided by enrolling in E-Documents13

A $3.00 paper statement fee can be avoided by enrolling in E-Documents.13

Classic
Best account if you need
A checking account that offers many ways to avoid a monthly service charge.
Interest-earning
No
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs. No MB fees when you use up to 2 non-MB ATMs per statement cycle.
ATM Freedom3
Eligible
MB Debit Mastercard®4
Eligible
Free Checks
No
Internet banking
Yes
Online bill payments and check writing
Unlimited
Signature
Best account if you need
An interest-bearing account with exclusive benefits and unlimited transactions.
Interest-earning
Yes2
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs. No MB fees when you use non-MB ATMs.
ATM Freedom3
Eligible
MB Debit Mastercard®4
Eligible
Free Checks
Yes, up to two boxes of MB Basic checks per year5
Internet banking
Yes
Online bill payments and check writing
Unlimited
High Five
Best account if you need
A great starter account for students from ages 13-24.
Interest-earning
No
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs. No MB fees when you use up to 5 non-MB ATMs per statement cycle.
ATM Freedom3
Eligible
MB Debit Mastercard®4
Eligible
Free Checks
No
Internet banking
Yes
Online bill payments and check writing
Unlimited
Senior
Best account if you need
A straightfoward account for those over 60 with no balance or deposit requirements. 
Interest-earning
No
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs
No MB fees when you use non-MB ATMs
ATM Freedom3
Eligible
MB Debit Mastercard®4
Eligible
Free Checks
25% discount on up to two boxes of MB Basic checks per year
Internet banking
Yes
Online bill payments and check writing
Unlimited 
Basic
Best account if you need
A checking account that may help you rebuild a banking relationship.
Interest-earning
No
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs
No MB fees when you use up to 2 non-MB ATMs
ATM Freedom3
Not Eligible
MB Debit Mastercard®4
Eligible
Free Checks
No
Internet banking
Yes
Online bill payments and check writing

Unlimited

Red
Best account if you need
An interest-bearing account that gives you our highest interest rate on balances up to $10,000.1
Interest-earning
Yes
Minimum opening deposit
$50
ATM usage
No fees when you use MB ATMs. No MB fees when you use up to 4 non-MB ATMs per statement cycle.
ATM Freedom3
Eligible
MB Debit Mastercard®4
Eligible
Free Checks
No
Internet banking
Yes
Online bill payments and check writing
Unlimited

Personal accounts only; no broker accounts. Account holder must reside within MB’s IL or IN service areas. Checking account statement cycle periods are all monthly. Other fees and restrictions may apply. Please refer to the Personal Banking Customer Fee Schedule (PDF). We reserve the sole discretionary right to refuse to open an account or close an account for any reason. For current interest rates and terms see a banker or call 1.888.i bank mb (1.888.422.6562).

1 - Minimum to earn interest on the MB Red Checking is $0.01. See Red Checking account page for full rate and account information.

2- Minimum to earn interest on the MB Signature Checking is $2,500. See Signature Checking account page for full rate and account information 

3- Average calendar month account balance must be at least $5,000 to qualify. Reimbursement of ATM surcharge fees for using non-MB ATMs will be capped at $20 maximum per calendar month. Reimbursement will post in the following account statement cycle.

4- MB Debit Mastercard® available only to qualified account holders. Fees may apply. 

5- Free MB Basic Checks for the Signature Checking include two boxes per year. Additional Basic check orders will receive a 25% discount. For MB Senior Checking, 25% discount on two boxes of MB Basic checks per year. Must be ordered one box at a time. Customer pays shipping , handling and taxes for all orders. 

6- Your other related deposit accounts for MB Classic Checking can include personal checking, money market or savings accounts that you own. The period we use to calculate the average balance for these accounts starts with your last statement date for each related account and ends with the statement date for this account.

7- Your other related deposit accounts for MB Signature Checking can include personal checking, money market, savings, CD or IRA CD accounts that you own. The   period we use to calculate the average balance for checking, money market or savings accounts starts with your last statement date for each related account and ends with the statement date for this account. CDs balances as of the statement date for this account can be combined. 

8- The period we use to calculate the average balance for this account is your monthly statement cycle.

9- Using either bill pay via ibankmb.com, ACH debits, PIN and signature-based debits or checks presented for payment. Transactions must post during the monthly statement cycle.

10- Outstanding principal balance of your personal home equity loan or line of credit as of the statement date for this account can also be combined.

11- Offer includes up to $300 towards borrower’s actual closing costs, to be applied at loan closing. Borrower must have a current, direct banking relationship with MB Financial Bank, N.A. at the time of loan closing. Offer does not apply to borrowers who only have a mortgage banking relationship with MB Financial Bank, N.A. Offer cannot be combined with any other offers or promotions. Offer is not available for certain loan programs. Offer is non-transferable and is subject to change without notice at any time. Offer expires December 31, 2018. Actual payments and terms may vary. Ask your loan officer for our current interest rates. All loans subject to credit approval. Program guidelines and loan terms are subject to change at any time. Ask your loan officer for more details.

 

12- Discount eligibility is based on setting up auto debit from MB Signature Checking to pay the safe deposit box rental fees. 

 

13- Enrollment in E-Documents will result in electronic delivery of statements and designated notices. Tax documents will continue to be delivered in paper form.