Ideal for business exceeding 200 monthly transactions.
$100 minimum deposit to open account
Monthly service charge calculated on an analysis of account activity:
Checks: $0.15 per item
Deposits: $0.25 per item
Deposit items: $0.10 per item
Transit items: $0.10 per item
Deposited item return fee: $5.00 per item
Monthly maintenance fee: $15.00 per statement period
We calculate an earnings credit on your daily account balances (less reserve requirements) – the earnings credit is calculated daily, based on The Farmers Bank Money Market Interest Rate, which approximates current short-term interest rates.
At the end of the month, your credit received for your daily balance may offset your monthly expenses. In the event your account has a negative collected balance, interest will be calculated at The Farmers Bank Base Rate.