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Personal
Accounts
Savings/Investment Accounts
Business
Accounts
Certificates
of Deposits (CD's)
Individual Retirement Accounts (IRA's)
Personal Accounts
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Free Checking
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Regular Checking
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MINIMUM BALANCE TO OPEN ACCOUNT - $100
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NO MONTHLY SERVICE FEE ($500
MINIMUM)
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FREE MONTHLY STATEMENTS
(CHECK IMAGES)
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UNLIMITED CHECK WRITING
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ATM/DEBIT CARD AVAILABLE
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FREE ONLINE BANKING
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FREE 24 HOUR BANK LINE
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OVERDRAFT PRIVILEGE*
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NOW Account
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MINIMUM BALANCE TO OPEN ACCOUNT - $100
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INTEREST BEARING ACCOUNT
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FREE MONTHLY STATEMENTS
(CHECK IMAGES)
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NO MONTHLY SERVICE FEE ($1000
DAILY BALANCE MINIMUM)
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UNLIMITED CHECK WRITING
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ATM/DEBIT CARD AVAILABLE
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FREE ONLINE BANKING
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FREE 24 HOUR BANK LINE
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OVERDRAFT PRIVILEGE*
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Savings/Investments Accounts
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Regular Savings**
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MINIMUM BALANCE TO OPEN ACCOUNT - $100
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NO SERVICE FEE ($100 MINIMUM)
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FREE TO MINORS
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FREE QUARTERLY STATEMENTS
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FREE ONLINE BANKING
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FREE 24 HOUR BANK LINE
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Money Market Savings**
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MINIMUM BALANCE TO OPEN ACCOUNT - $2500
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PREMIUM RATES BASED ON TIERED BALANCE
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FREE MONTHLY STATEMENTS
(CHECK IMAGES)
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NO MONTHLY SERVICE FEE ($2500
MINIMUM)
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FREE ONLINE BANKING
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FREE 24 HOUR BANK LINE
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**Limited to six(6) FREE
withdrawals per statement cycle, including three(3) by check per statement
cycle |
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Business Accounts
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FREE BUSINESS CHECKING
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COMMERCIAL CHECKING
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MINIMUM BALANCE TO OPEN ACCOUNT - $250
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EARNINGS CREDIT TO OFFSET SERVICE CHARGE
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FREE MONTHLY STATEMENTS
(CHECK IMAGES)
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$ 7.50 PER MONTH SERVICE CHARGE
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PROCESSING FEE OF $.20 PER CREDIT OR DEBIT
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DEPOSIT FEE OF $.10 PER ITEM
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FREE ONLINE BANKING
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FREE 24 HOUR BANK LINE
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OVERDRAFT PRIVILEGE*
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*See your neighborhood banker for more details
or feel free to
Certificates of
Deposits (CD's)
*See your neighborhood banker for more details.
Individual Retirement Accounts (IRA's)
*See your neighborhood banker for more details.
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*F&M Bank is under no
obligation to pay any item or withdrawal request presented to any account
containing insufficient available funds; however, at its discretion F&M Bank
may honor checks and electronic debits, including VISA Debit Card
transactions and ATM withdrawal requests, presented to certain accounts when
available funds would not otherwise cover such items. Not available
for accounts open less than 30 days, or for accounts with negative average
balance or for accounts with less than $400 aggregate deposit in one month.
This discretionary service is intended to assist customers in the event of
an unintended overdraft, and should not be considered a source of additional
funds.
Extended Transaction Account Guarantee Program
Beginning July 1, 2010 F&M Bank will no longer participate in the FDIC’s Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.
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