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)
• 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)
• Account will earn interest if the average daily balance is $750 or greater
• Interest will be 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)
• Account will earn interest if the average daily balance is $1,000 or greater
• Interest will be compounded daily and credited monthly
• Interest rate based upon daily balance (see Rates page for current rates)
• Free online banking, bill pay and e-statements
• Free mobile banking
• Free first box of checks when account is opened
• Combined monthly statement
• Allows six withdrawals per month

Certificates of Deposit (CD)

• Minimum balance to open – $1,000
• Terms range from 91 days to 60 months
• Interest compounds daily
• Free online and mobile banking
• 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