Joy: 309-584-4146 | Paxton: 217-379-4343 | customerservice@fmbankil.com

Online Banking

An Oak Tree In A Beautiful Rolling Landscape

Business Deposits

Business Regular Checking

  • Minimum balance to open – $100
  • No monthly service charge with average daily balance of at least $100 ($6 fee if average daily balance falls below $100)
  • No minimum balance requirement for Farmers-Merchants Bank of Illinois mortgage loan customers, non-profit organizations and for accounts receiving e-statements
  • First five ATM surcharge fees per month reimbursed
  • Mastercard┬« debit cards with approved application
  • Unlimited check writing
  • Free online banking with bill pay and e-statements
  • Free mobile banking
  • Combined monthly statement

Business Interest Checking

  • Minimum balance to open – $750
  • No monthly service charge with average daily balance of at least $750 ($6 fee if average daily balance falls below $750)
  • Earns interest
  • No interest earned if average daily balance falls below $750
  • Interest compounded daily and credited monthly
  • First five ATM surcharge fees per month reimbursed
  • Mastercard┬« debit cards with approved application
  • Unlimited check writing
  • Free online banking with bill pay and e-statements
  • Free mobile banking
  • Combined monthly statement

Business Money Market

  • Minimum balance to open – $1,000
  • No monthly service charge with average daily balance of at least $1,000 ($6 fee if average daily balance falls below $1,000)
  • Earns interest
  • No interest earned if average daily balance falls below $1,000
  • Interest compounded daily and credited monthly
  • Interest rate based upon daily balance (see Rates page for current rates)
  • Free online banking and e-statements
  • Free mobile banking
  • Free first box of checks when account is opened
  • Combined monthly statement
  • Allows six withdrawals per month

Business Savings

  • Minimum balance to open – $100
  • Earns interest
  • No monthly service charge with average daily balance of at least $100 ($3 fee if average daily balance falls below $100)
  • Free online banking and e-statements
  • Free mobile banking
  • Combined monthly statement
  • Allows six withdrawals per calendar month

Certificates of Deposit

  • Minimum balance to open – $1,000
  • Terms range from 91 days to 60 months
  • Interest compounds daily
  • Choice to withdraw interest monthly, quarterly, or semi-annually by either check or direct deposit to a Farmers-Merchants Bank of Illinois account
  • A penalty may be imposed for early withdrawals