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F&M Bank’s Regular Business Checking Account is a great way for our business customers to maintain concise records of all expenditures and receipts. An earnings allowance credit is computed on the average ledger balance in the account and if the earnings allowance credit equals or exceeds the account activity charges, no service charge is levied. For more information, please call our customer service department at (256) 447-9041.
This interest bearing account is available for sole proprietorships, non-profit organizations and public funds. You will earn competitive interest that’s compounded monthly, plus principal and interest are available for withdrawal (after being credited) at any time with no penalty. There is no service charge when the minimum balance requirement of $1,500.00 is met.
F&M Bank’s Money Market Account is an interest bearing account available for sole proprietorships, non-profit organizations, limited liability companies, corporations, and public funds. This account provides you highly competitive interest earnings while allowing you to retain immediate access to your funds through checking privileges. Withdrawals by pre-authorized transfer through the mail, by telephone or other means are limited to six per month three of which may be by check. There is no service charge when the minimum balance requirement of $2,500.00 is met.
Our Business Prime Investment Checking Account combines a full-featured checking account while providing you highly competitive interest earnings. The interest rate is a tiered rate based on the balance of the account. The interest rate on tier 1 is a percentage of the Farmers and Merchants Bank prime lending rate to be determined at bank's descretion.. The interest in tier 2 is the same as the Now Account interest rate. There is no service charge when the minimum balance requirement of $10,000.00 is met. This interest bearing account is available to sole proprietorships, non-profit organizations and public funds.
This account is available to sole proprietorships and partnerships and is designed for small businesses. The checking account features include 100 check transactions processed per statement cycle at no additional cost. A surcharge is imposed on check transactions exceeding 100. There is no monthly service charge if the balance stays above $10,000.00.
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