BUSINESS CHECKING

• Business Checking
• Now-Account (Non-Personal)
• Money Market Account (Non-Personal)

• Minimum balance to open the account $250.00
• Average daily balance to avoid a service charge $2000.00
• Average daily balance below $2000.00, $8.00 service charge
• Overdraft fee $30.00

• Minimum balance to open the account $500.00
• Interest bearing account
• Average daily balance over $500.00 no service charge
• Average daily balance below $500.00, $8.00 service charge and $.25 per debit item after 20
  
• Overdraft Protection up to $1,000.00
  
• Overdraft fee $30.00

• Minimum balance to open the account $2500.00
  
• Interest bearing account
  
• Average daily balance above $2500.00
  
• Average daily balance below $2500.00, $15.00 service charge
  
• 6 debit items allowed per month
  
• No more than 3 by check, draft, or similar order to third parties
  
• Excessive withdrawal fee of $2.50 per item over 6
  
  

* Sole Proprietorship, business accounts are eligible for bounce protection and may apply for a debit card.

** Corporate accounts, we have various account structures to fit your banking needs.

Please contact Farmers and Merchants Bank for details at (334) 864-9941 or (334) 576-1900.