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Select The Account That Fits Your Financial Style!
Smart E-Checking - Earn 2.25% APY* Earn better-than-CD rates on balances up to $50,000.
Other Features * APY = Annual Percentage Yield. Rates are variable and subject to change. To qualify for the Smart E-Checking rate, and to be reimbursed for non-F&M ATM transactions, you must meet the following requirements each month: (1) Make 10 check card transactions per qualification cycle. (2) Receive your monthly statement electronically. (3) Set up at least one monthly direct deposit or automatic debit (4) Access online banking at least once per qualification cycle. Qualification cycle means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. 1.00% APY will be paid on balances over $50,000. Account balances over $50,000 will earn a blended rate if all qualifications are met. If you do not meet the above requirements during your monthly qualification cycle, you will earn .25% APY on your entire balance. At our discretion, we may change the qualification requirements and/or the balance tier on your account at any time. A 30-day notice will be provided for either of these two changes. APYs accurate as of 2/17/10. All requirements waived during your first qualification cycle. No more than two accounts per person. Express Free Checking Express Free Checking is perfect if you do most of your banking electronically and prefer to get your monthly statement via e-mail. No minimum balance requirement. No per-check charges.
F&M Checking Sign up for Direct Deposit of your payroll, Social Security or pension check ... or maintain a $500 minimum daily balance ... and you'll pay no fee for this great account. Otherwise, pay a low $8 service charge per statement cycle.
VIP 50 Checking
Interest Checking This account is a Smart Choice if you desire to be rewarded with higher interest rates for higher balances. Pay no fee by keeping a $1,000 minimum daily balance - otherwise, pay a low $12 service charge per statement cycle.
Choice Interest Checking This account is your Smartest Choice if you are interested in earning near CD rates on your checking account balance. Pay no fee by keeping a $5,000 minimum daily balance - otherwise, pay a modest $15 service charge per statement cycle.
Fraud Protection Plus F&M Bank offers a package of added protection benefits for a low fee of $4.00 per statement cycle.
** Overdraft Privilege
Overdrafts can be created by paper check, online bill payment, personal withdrawal, use of ATM, Check Card, ACH or other electronic means. Payments may not be presented in the order authorized, which may affect fees incurred. Teller cashed checks (high to low amount) are paid first; Point-of-sale and ATM transactions are paid next; ACH (Electronic) items are paid next; then other checks and other withdrawal requests (high to low amount). F&M Bank is not required to pay items if your account has insufficient collected funds, even if we formerly paid overdrafts. If you have Overdraft Privilege, we will consider paying such items as a courtesy, not an obligation. Overdrawn accounts must return to a positive balance within 30 days or Overdraft Privilege will be suspended. If you need additional information on Overdraft Privilege, talk to an F&M Bank customer service representative. FDIC Coverage FDIC deposit insurance has been temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013. F&M Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. |
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