Checking

F&M Bank's Checking Accounts….let us help you make The Right Choice!

  Rewards Checking Regular Checking Check Plus Now Checking Regency Club Checking Student Checking Health Savings
Summary This account offers a higher interest rate when qualifications are met. Basic Checking Account Club Account with many benefits for one low monthly fee. Interest bearing checking Club account for those 50 years or better and maintain $2,500 deposit account or $10,000 CD balance Free checking account for full-time students Tax deferred earning and tax-free distribution for medical expenses
Minimum Opening None $100 $100 $1,000 None $10 $100
Minimum Balance to avoid service charge N/A $400 daily or
$1,000 average daily balance
N/A $1,000 average daily balance $2,500 Deposit Account or $10,000 CD N/A N/A
Monthly Service Charge N/A
$8.00* (if balance falls below $400)
Plan A:  $8.50*
Plan B: $9.00*
$10.00*
(if balance falls below $1000)
$10.00* (if requirements are not met) N/A Annual fee of $25.00
Interest Bearing  Yes No Yes Yes Subject to account type No Yes
Interest Compounded and Credited Monthly N/A Variable rate on balances of $1,000+ Variable rate on balances of $1,000+ Subject to account type N/A Variabe rate
Unlimited Checking Writing Yes Yes Yes Yes Yes Yes Yes
Per-Check Charges No No No No No Yes  No
Free E-Statement Yes Yes Yes Yes Yes Yes Yes
Free Debit Card Yes No Yes No Yes No No
Free Personalized Checks No No Yes No Yes No No
Additional Information Consult team member for eligibility details.       N/A Fees waived on Cashiers Checks & Money Orders  N/A Fees waived on Cashiers Checks & Money Orders.  Discount on Safe Deposit Box. Enjoy Regency Club events & activities. A per item fee of $.20* will be charged for each paper debit transactions in excess of ten during a statement cycle. $25 Setup fee. $25 Termination Fee.  Consult your health plan provider or tax preparer to see if you qualify.
* Plus Iowa sales tax where applicable

**This is a Variable Rate Account with the annual percentage yield (A.P.Y.) subject to change at anytime at our discretion.