Business Checking

The Farmers Bank offers a variety of checking account solutions to meet the needs of our business customers – regardless of your company’s size.

  • Ideal for sole proprietors, partnerships and corporations with less than 200 transactions per month.
  • $100 minimum deposit to open account
  • $2,000 minimum daily balance to avoid a monthly service charge
  • $15 monthly service charge if balance falls below minimum
  • 200 free items per month (debits, deposits, deposited items)
  • $0.25 per item fee in excess of 200
  • Overdraft item fee(s) and returned item fee(s) are applicable.
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.
  • Basic business checking that pays your business a competitive interest rate.
  • $2,000 minimum deposit to open account
  • $2,000 minimum daily balance to avoid a monthly service charge
  • $15 monthly service charge if balance falls below minimum
  • 200 free items per month (debits, deposits, deposited items)
  • $0.25 per item fee in excess of 200
  • Overdraft item fee(s) and returned item fee(s) are applicable.
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.
  • 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.
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.
  • Economical checking services for school districts, government agencies or state and municipal governments.
  • $100 minimum deposit to open account
  • $500 minimum daily balance to avoid a monthly service charge
  • $5 monthly service charge if balance falls below minimum
  • Overdraft item fee(s) and returned item fee(s) are applicable.
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.
  • Earn highly competitive interest rates on your business funds.
  • $1,000 minimum deposit to open account
  • $1,000 minimum daily balance to avoid a monthly service charge
  • $10 monthly service charge if balance falls below minimum
  • $10 fee for each transaction over six (6) during a statement cycle
  • Overdraft item fee(s) and returned item fee(s) are applicable.
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.

You may make no more than six (6) preauthorized withdrawals, automatic or telephone transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle.  We may notify you if your monthly transactions exceed the legal limit.  We also may close your account or convert it to another type of account for more than occasional violations.

  • This account provides economical checking with interest for:  school districts, government agencies and state and municipal governments.
  • $1,000 minimum opening deposit
  • $1,000 minimum daily balance to avoid a monthly service charge
  • $10 monthly service charge if balance falls below minimum
  • Overdraft item fee(s) and returned item fee(s) are applicable
  • eStatements available at no charge
  • Daily overdraft fee – if an account is overdrawn in an amount over $10 for five (5) or more consecutive business days (i.e. Monday – Friday), a Daily Overdraft Fee (i.e. a daily fee for an outstanding overdraft status) of $5 is assessed beginning on the 6th business day.