Free online banking with bill pay and e-statements
Free mobile banking and mobile check deposit (some restrictions apply)
Combined monthly statement
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 those 65 and older, under the age of 18, Farmers-Merchants Bank of Illinois mortgage loan customers, and for accounts receiving e-statements
Free first box of checks when account is opened
First five ATM surcharge fees per month reimbursed
Checking Plus – overdraft protection line of credit with approved application
Club Checking
Minimum balance to open – $100
Monthly maintenance fee of $5
All ATM surcharge fees reimbursed
Mastercard debit cards with approved application
Unlimited check writing
Free online banking with bill pay and e-statements
Free mobile banking and mobile check deposit (some restrictions apply)
Combined monthly statement
Free small safe deposit rental for first year
No license sticker bank fees
Two free boxes of Green Safety checks annually
Checking Plus – overdraft protection line of credit with approved application
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
Unlimited check writing
Mastercard® debit cards with approved application
Free online banking with bill pay and e-statements
Free mobile banking and mobile check deposit
Combined monthly statement
Free first box of checks when account is opened
Checking Plus – overdraft protection line of credit with approved application
Club Interest Checking
Minimum balance to open – $750
No minimum balance requirement
Monthly maintenance fee of $5
Earns interest
No interest earned if average daily balance falls below $750
Interest compounded daily and credited monthly
All ATM surcharge fees reimbursed
Mastercard debit cards with approved application
Unlimited check writing
Free online banking with bill pay and e-statements
Free mobile banking and mobile check deposit (some restrictions apply)
Combined monthly statement
Free small safe deposit box rental for first year
No license sticker bank fees
Two free boxes of Green Safety checks annually
Checking Plus – overdraft protection line of credit with approved application
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 with bill pay and e-statements
Free mobile banking with mobile check deposit
Free first box of checks when account is opened
Combined monthly statement
Allows six withdrawals per month
An excess check fee of $5 will be charged for each debit transaction in excess of three during a statement cycle
Savings
Minimum balance to open – $100 ($10 if under the age of 18)
No service charge for individuals under 18, customers 65 and older, or accounts with average daily balance of at least $100 ($3 fee if average daily balance falls below $100)
Earns interest
No interest earned if average daily balance falls below $100
Interest compounded daily and credited quarterly
Free online banking and e-statements
Free mobile banking with mobile check deposit
Combined monthly statement
Allows six withdrawals per month
Christmas Club
$250 ($5/week), $500 ($10/week) and $1,000 ($20/week) club accounts
Make 49 consecutive weekly deposits of the club amount and we’ll make the 50th deposit for you!
Free online banking and e-statements
Free mobile banking
Combined monthly statement
Account may be closed if any withdrawal is made before maturity
Certificates of Deposit
Minimum balance to open – $1,000
Terms range from 91 days to 60 months
Interest compounds daily
Free online banking
Free 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
Healthy Savings Account (HSA)
No minimum balance to open
No monthly service charge
Earns interest
Interest compounded daily and credited monthly
Mastercard® debit cards with approved application
Unlimited check writing
Free online banking and e-statements
Free mobile banking
Combined monthly statement
A Health Savings Account must be tied to a High Deductible Health Plan
Traditional and Roth IRA 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
No transaction or account setup fees
A penalty may be imposed for early withdrawals with the exception of required minimum distributions
