Personal Deposits

Regular Checking

• Minimum balance to open – $100
• 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
• 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)
• 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
• 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
• Account will earn interest if the average daily balance is $750 or greater
• Interest will be 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)
• 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 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

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)
• Account will earn interest if the average daily balance is $100 or greater
• Interest will be 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 (CD)

• 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