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
