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

Online Banking

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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 (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