Online Banking

Enroll

Farmers & Merchants State Bank offers a variety of acccount options and other services. With a few quick steps and some required personal information listed below, you could be on your way to enjoying the benefits, products and services you desire. Just stop in the bank with the required information and we will show you the benefits of banking with Farmers & Merchants State Bank!

Required Information to Open an Account:

 

Checkbook    Personal Banking: Checking        

ACCOUNT FEATURES SERVICE CHARGES BENEFITS
Free Checking

No minimum balance required.
Unlimited check writing.
Optional Debit Card.
Check Images NOT included with statements unless the Image Option is chosen.
$5.00 monthly fee - if image option is chosen; check images included with statements.
$8.00 annual fee - debit card.
Direct Deposit.
No minimum balance requirements.
Regular Checking No minimum balance required to open account, but minimum monthly fee will apply if below $200.
Unlimited check writing.
Optional Debit Card.
Check Images included with statements.
$4.00 minimum monthly fee and $.25 per debit if account falls below the required $200 minimum daily balance.
NONE - If full-time student (under age of 25) or Senior Citizen (65 and over).
$8.00 annual fee - debit card.
Direct Deposit.
Check images included with statements.
NOW Accounts $1,000 minimum balance required to open account.
Unlimited check writing.
Interest is compounded monthly and credit monthly.
Optional Debit Card.
$10.00 minimum monthly fee if account falls below the required $1,000 minimum daily balance.
$8.00 annual fee - debit card.
Direct Deposit.
Check images included with statements.

 

Savings Ahead   Personal Accounts: Savings          

ACCOUNT FEATURES SERVICE CHARGES
Passbook Savings $10.00 minimum balance to open account, but if balance is below $50.00 minimum monthly fee will apply.   
Interest is compounded daily and credited quarterly.
6 debits per month; if exceeded account may be subject to closure.     
$3.00 minimum monthly fee - if account falls below the required $50.00 minimum daily balance.
Minimum balance requirements waived for minors and full-time students (under age of 25).
Money Market Accounts $2,500 minimum balance required to open account.
6 debits per month.
Interest is compounded monthly and credited monthly.
$10.00 minimum monthly fee - if account falls below the required $2,500 minimum daily balance.
$10.00 monthly fee - if the 6 debits per month policy is exceeded.

 

CDS1      Personal Accounts: Certicate of Deposit

 

Self Directed IRA     Personal Accounts: IRA’s

Traditional

Roth

 

Customer Service  Personal Services