Basic Business Account
- • Open with as little as $100
- • No minimum balance requirement
- • Monthly service charge of $9.00
- • First 250 processed items(checks paid,
deposits posted and items deposited
at no charge) each statement cycle
- • 25¢ for each additional item over 250
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Running a successful business is
always a challenge. At F&M Bank,
helping you meet that challenge is
what we are all about. With our
wide range of services, from
retirement plans to checking
accounts, we are prepared to handle your
business financial needs. Call and let one of
our skilled associates help you with your
business needs today. The number is
256-927-3691.
Free F&M Checkcard
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Regular Commercial Checking
- Minimum opening deposit of $200
- Your account is charged a $10 monthly maintenance fee, plus the following charges:
- Checks and other debits paid .15¢
- Deposited items .07¢
- FDIC Insurance charge .023¢
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- Charges may be offset by an earnings credit which is iven for the monthly average available balance in your account(your average collected balance less a 10% reserver)
- The earnings credit rate is subject to change by management
- If your account has an average negative collected balance for the month, an additional charge is determined by applying teh prime rate plus 2%
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Commercial Money market Savings Account
- Minimum opening balance of $1,000
- Interest is calculated on the following balance tiers:
- $100 - $2,499.99
- $2,500 - $9,999.99
- $10,000 - $49,999.99
- $50,000 or more
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- Interest is compounded monthly and credited to your account monthly on the statement date
- $10 monthly charge waived if average daily balance remains above $1,500
- Unlimited withdrawals when made by ATM, mail or in person; other withdrawal transactions are limited to six (6) per month, three (3) may be payments by check to third parties.
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