FMB PRODUCTS

At Farmers & Merchants Bank, we are dedicated to providing efficient, convenient and honest service for our customers. We eagerly look forward to providing new services and conveniences that will be beneficial to you-Full Service Insurance, Extended Hours and Saturday Banking, ATM machines, FMB Debit and Credit Cards, Dolly 24-Hour Automated Phone Banking, complete in house processing, automatic debit and direct deposit, appraisal service, discount brokerage-whatever makes banking a better experience for you.

At Farmers & Merchants Bank, we have a courteous hometown staff dedicated to serving your needs. Many of our fine staff have been with FMB for years. Having grown up here, they know this community well. Our hometown staff, combined with our dedication to service and cutting-edge banking technology, makes for an unbeatable banking experience. Stop by and see us today!

THE FMBenefits ACCOUNT (BASIC or FAMILY)

  • Minimum Opening Balance $200
  • Personalized FMBank Checks
  • Interest on Checking
  • No Issue Charge on Cashier's Check and Money Orders (limit 3 per month)
  • 10% discounts of yearly Safe Deposit Box rentals
  • Free Secured Balance Transfers
  • Accidental Death & Dismemberment Insurance
  • $5,000 Identity Fraud Expense Reimbursement Coverage
  • Entertainment & Travel Discount Program (registration/activation required)
  • Gas and Gift Card Discounts (registration/activation required)
  • Cash Back Member Awards (registration/activation required)
  • Credit File Monitoring with Credit Report and Credit Score (registration/activation required)
  • Monthly fee:  $7.00 (Basic Account) or $9.00 (Family Account)
  • Reduce or eliminate monthly account fee:  Receive a $0.20 credit for each point of sale transaction with your FMBank debit card; Sign up for eStatements and receive a $2.00 credit toward your monthly account fee; Sign up for Direct Deposit and receive a $2.00 credit toward your monthly account fee.

PERSONAL CHECKING ACCOUNT

  • Minimum opening balance $200
  • No monthly service fee if minimum balance requirement is maintained
  • No per check charge for first 35 checks written per month
  • $8.00/month service fee if balance drops below $800, $0.25 charge per check after 35 written per month

SENIOR CITIZEN CHECKING ACCOUNT

  • Minimum opening balance $200
  •  Age 65 and Over, upon proper notification of birth
  • No monthly service fee
  • Unlimited check writing
  • No minimum balance requirement

The FMBenefits ACCOUNT (STUDENTS)

  • Minimum opening balance $200
  • Personalized FMBank Checks
  • Interest on Checking
  • No Issue Charge on Cashier's Checks and Money Orders (limit 3 per month)
  • 10% discounts on yearly Safe Deposit Box rentals
  • Free Scheduled Balance Transfers
  • Accidental Death & Dismemberment Insurance
  • $5,000 Identity Fraud Expense Reimbursement Coverage
  • Travel and Entertainment Discount Program (registration/activation required)
  • Gas and Gift Card Discounts (registration/activation required)
  • Cash Back Member Rewards (registration/activation required)
  • Credit File Monitoring with Credit Report and Credit Score (registration/activation required)
  • Monthly fee: $7.00
  • Reduce or eliminate monthly account fee:  Receive a $0.20 credit for each point of sale transaction with your FMBank debit card; Sign up for eStatements and receive a $2.00 credit toward your monthly account fee; Sign up for Direct Deposit and receive a $2.00 credit toward your monthly account fee; Sign up as a student and receive a $4.00 credit toward your monthly account fee.

 SECURITY CHECKING ACCOUNT

  • Minimum opening balance $200
  • No monthly service fee
  • No minimum balance requirement
  • Unlimited check writing
  • Government Direct Deposit required to qualify for account

MONEY MARKET ACCOUNT

  • Minimum opening balance $2500
  • Earns current FMB Money Market rate* on tiered balance compounded and paid monthly when a daily collected balance of $2,500 is maintained. No interest earned for the days the collected balance falls below $2500.
  • No charge for up to six withdrawals per month; 3 checks, 3 in-house withdrawals.
  • No monthly service fee if minimum balance is maintained.
  • $8.50 monthly charge if balance falls below $1000, $5 per item charge after six withdrawals/month. Withdrawals from FMB money market accounts to another account or to third parties by pre-authorized automatic or telephone transfer are limited to six per statement cycle. There may be no more than 3 withdrawals or transfers by check, draft, Visa Debit card, or similar order to third parties.

NOW CHECKING ACCOUNT

  • Minimum opening balance $1500
  • Unlimited check writing
  • Earns current FMB Now account Rate* on tiered balance compounded and paid monthly when a daily collected balance of $1500 is maintained.
  • No monthly service fee if minimum balance stated below is maintained
  • $8.50 monthly fee if balance falls below $1000, no interest paid if balance falls below $1500

NON-PERSONAL NOW ACCOUNT

  • Minimum opening balance $1500
  • Earns current FMB Now account Rate* on tiered balance compounded and paid monthly when a daily collected balance of $1,500 is maintained
  • No monthly service fee if minimum balance stated below is maintained
  • Per check fee of $0.25, $8.50 monthly fee if balance falls below $20,000, no interest paid if balance falls below $1,500

*The FMBenefits, FMB Money Market, and FMB NOW account interest rates vary. Please call or come by the FMB location nearest you to get the latest rates and information.

COMMERCIAL CHECKING ACCOUNT

  • Minimum opening balance $200
  • No minimum balance requirement
  • Free zip bag
  • A credit allowance is made to the account based on the average collected balance less 10% reserve requirements and 3% FDIC and other charges times Farmers and Merchants Bank money market rate of interest which was current on the first banking day of the calendar month.
  • No service charge is made to the account during the month unless the credit allowance is insufficient to cover the costs.
  • $7.50/month service fee, $0.12 per debit and $0.06 per deposited check, $2.50 per item charge will be assessed on all return items.

 



Our Five Star Savings Account is a great way to get started saving. This account pays the current FMB Five Star Savings Interest rate based on a tiered balance. Certificates of Deposit are one of the safest investments you can make, and they provide investment flexibility and higher rates of interest than traditional savings accounts. Long term and short term rates are available from Farmers & Merchants Bank.

Interest rates vary depending on length of term and amount of investment. Call or come by the FMB location nearest you to get the latest rates and information.

FIVE STAR SAVINGS ACCOUNT

  • Minimum opening balance $100
  • Interest paid if balance is $200 and above
  • No quarterly service charge if minimum balance stated below is maintained
  • No charge for up to 6 withdrawals per quarter
  • $2 per quarter fee if balance falls below $100, $5 per item charge after 6 withdrawals. ACH and ATM transactions are considered withdrawals. $2 per interest period for dormant accounts with a balance of less than $500. A dormant account is one with no activity (deposits) for one year.
  • Current FMB Five Star Savings Rate on tiered balance. Call or come by the FMB location nearest you for rates and information.
  • Early closing fee of $25 if account is closed within 60 days of opening


Like an umbrella on a rainy day, Farmers & Merchants Bank has got you covered with a broad range of investment options-the beginning of any successful retirement plan.

With our IRA services, your financial objectives can be realized. Our accounts earn competitive rates, so your retirement funds grow quickly and steadily. This is one of the most secure forms of retirement planning, because every account is insured by an agency of the federal government.

Farmers and Merchants offers Traditional, Roth, and Educational IRA’s. If you are 50 years or older, take advantage of the new “catch up” provisions that allow those who haven’t saved enough to increase IRA contributions an additional $500.

IRA: TIME DEPOSIT OPEN ACCOUNT

  • Minimum opening balance $25
  • Individual Retirement Account – Current FMB competitive rate on open account.
  • 18-month variable

HEALTH SAVINGS ACCOUNT (HSA)

  • This is an account you deposit money into to save for future medical expenses, if you have a high deductible medical plan. Other limitations apply.

CERTIFICATES OF DEPOSIT ACCOUNT

  • Minimum opening balance $1000
  • Fixed rate to maturity with automatic renewal
  • Terms are: 31 days, 91 days, 182 days, 12 months, 18 months, 24 months, 30 months, 36 months, 48 months, 60 months.
  • Substantial penalty for early withdrawal.
Term Penalty
33-365 days Amount of 3 months interest
Over one year Amount of 6 months interest.  



PERSONAL & BUSINESS LOANS
Whether you are planning a trip to Rome or a trip to your local car dealership, we have the loan that's right for you. At Farmers & Merchants Bank, we loan money for almost anything-from automobiles to RV's to business loans to student loans-we even offer home mortgage loans. With competitive rates and innovative options, we're sure to offer a payment plan that will accommodate your needs.

We can help you finance those home improvements that help turn your home into the kind of place you've always wanted to live. We also have certified real estate appraisers on staff that can help make you aware of what improvements will increase the value of your home the most.

Whatever you need, wherever you go, Farmers & Merchants Bank has the loan you need. Call or come by the bank nearest you today.

HOME MORTGAGES
Whenever you get ready to buy a new home or you want to refinance, be sure to stop by your hometown bank. Because we truly are "local," we can offer quick approval, creative financing, and faster closing on your loan.

At Farmers & Merchants Bank, we are interested in our community, and we strive to offer great service and the most competitive rates available. In other words, we'll do whatever we can to get you into a home that'll make you happy. Come on over to our house today!

SAFE DEPOSIT BOXES
Security in the bank vault. What could be safer? Available in several sizes, safe deposit boxes are a low cost alternative to replacing your valuables from destruction or burglary (if they can be replaced).

Safe deposit boxes are recommended for insurance policies, stocks, bonds, CD's, property deeds, and personal documents. It is ideal for storing a photo inventory of your home and belongings for insurance purposes in case of a loss.

So don't risk your valuables and important papers any longer. With our low cost safe deposit boxes, you can have absolute security for the things you can't replace. For more information, visit or call your local Farmers & Merchants Bank.
 





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