Business Banking Checking

Business Banking Banner

Business Checking

The smooth flow of your company’s cash can be the difference between riding high or just drifting along. F&M has deposit products designed for businesses right here in Middle Tennessee,with features and pricing that make sense for you!

Business Checking Comparison Chart
 Smart Free
Business
Checking
Choice Business
Interest
Checking
Commercial
Checking

This Account Is For You If...

You don't want to worry about excess fees and maintaining a minimum balance.

You are a sole proprietorship, government entity or non-profit organization and want to earn tiered interest rates that reward your higher balances with

higher rates!

Your business requires a large number of monthly items* and you desire an account where item charges can be offset by credits earned with compensating balances.

Monthly Fee

$0

$0 with $2,500

minimum daily balance

$15

(can be offset with compensating balances)

Minimum Opening Balance

$50

$50

$50

Interest

-

Tiered

-

Number of No-Fee Monthly Items*

1000

1000

Per item charges can be offset with compensating balances

Free Business Online Banking and Bill Pay

Checkmark

Checkmark

Checkmark

Free VISA Debit Cards

with Individual Spending Limits

Checkmark

Checkmark

Checkmark

Free VISA Credit Cards

(approval required)

Checkmark

Checkmark

Checkmark

Statements

Your Choice: Monthly Paper or E-Statement

Your Choice: Monthly Paper or E-Statement

Your Choice: Monthly Paper or E-Statement

Checking Accounts

Smart Free Business Checking

The best checking account around for businesses that don’t want to worry about excess fees and maintaining a minimum balance. You’ll have 1000 items* per month, free Business Online Banking with Bill Pay and a convenient monthly e-statement

Commercial Checking

Customized for businesses that use a large number of monthly items.* Fees are charged on a per-item basis, but can be offset by credits earned with compensating balances. Ask us to evaluate your checking activity to provide an estimate of services.

Choice Business Interest Checking

Allows a sole proprietorship, a government entity or non-profit organization to earn interest. You are allowed 1,000 items* per month, and the $8.00 monthly fee is waived if you maintain a $2,500 minimum daily balance.

* Items are defined as individual checks written, a deposit, individual checks deposited, transfers between accounts, online and ACH transactions, wire transfers etc. If the Smart Free Business Checking or Business Interest Checking account exceeds 1,000 free monthly transactions, the account may be converted to another checking product. Your F&M Bank representative can provide you with a complete list of per-item fees and credits.