Checking
Farmers Bank is proud to offer customers convenient checking services, with easy-to-order checks, secure debit cards, monthly interest, and a variety of other benefits and resources.
| Account Features | Progressive Checking | Now Account | Personal Relationship Checking | ||
|---|---|---|---|---|---|
| Interest Earned | ✓ | ✓ | |||
| Online Banking | ✓ | ✓ | ✓ | ||
| Telephone Banking | ✓ | ✓ | ✓ | ||
| Mobile Banking* | ✓ | ✓ | ✓ | ||
| Online Bill Pay | ✓ | ✓ | ✓ | ||
| Farmers Bank Debit Card ** | ✓ | ✓ | ✓ | ||
| Discount on Safe Deposit Box*** | One Year | ||||
| Unlimited Check Writing | ✓ | ✓ | ✓ | ||
| Premium Rate on Certificates of Deposit **** | ✓ | ||||
| Discounts on Loans ***** | ✓ | ||||
| Images Available in Monthly Statement | N/A | $2 Monthly Fee | Upon Request | ||
| Age Limit | All Ages | All Ages | All Ages | ||
| Minimum Daily Balance to Avoid Fee | None | $800 | $20,000****** | ||
| Fee If Daily Balance Not Met | None | $8 | $15 | ||
| Deposit Required to Open Account | $25 | $100 | $100 |
Progressive Checking
Our most popular checking account with unlimited withdrawals and no minimum balance requirements.
- $25.00 Minimum deposit to open account.
- No minimum daily balance requirements.
- There is a $5.00 monthly fee to receive a paper statement summary. To avoid the paper statement fee, enroll in Online Banking and sign up for e-statements.
- Unlimited withdrawals.
Now Account Checking
Interest-bearing checking account with unlimited withdrawals, and a paper statement for no additional fee.
- $100.00 Minimum deposit to open account.
- $800.00 Minimum daily balance.
- $8.00 Monthly maintenance fee if daily minimum balance is not met per statement cycle.
- Paper statements included. To discontinue paper statements, enroll in Online Banking and sign up for e-statements.
- Check images available on paper statement upon request with a fee of $2/month.
- Interest-bearing. Contact us for our current rates.
- Unlimited withdrawals.
Personal Relationship Checking
Interest-bearing checking account with unlimited withdrawals, with premium benefits and services.
- $100.00 Minimum deposit to open account.
- $20,000 Minimum daily balance in combined deposit balances from checking, savings, money market accounts, and certificates of deposit; or in retail loan balances or lines of credit.
- $15.00 Monthly maintenance fee if daily minimum balance is not met per statement cycle.
- Paper statement with check images included.
- Interest-bearing. Contact us for our current rates.
- Unlimited withdrawals.
- Premium rates on Certificates of Deposit for terms up to 1 year.
- Discounts on loans.*****
- Safe Deposit Box: First year rental fee waived for a 3×5 box or a $20.00 credit towards other box sizes.***
All Checking Accounts Feature
- Online Banking with Bill Pay
- Mobile Banking*
- Option to go paperless with e-statements after enrolling in Online Banking
- Debit card with chip security
- Telephone Banking
- Unlimited Withdrawals
- Available Overdraft Coverage/Service
* Your mobile carrier’s web access and text messaging charges may apply.
** Debit card purchases must be processed as a “credit” transaction at point of sale; fees and or surcharges apply when used at locations other than Farmers Bank.
*** First year rental fee waived for a 3×5 box or a $20.00 credit towards other box sizes. Only deposit products are FDIC insured and based on availability.
**** Premium rates on certificates of deposit for terms up to 1 year.
***** See loan officer for details. Normal credit criteria apply.
****** A minimum balance of $20,000 in combined deposit balances in checking, savings, money market accounts, certificates of deposit, or $20,000 in retail loan balances or lines of credit are required to avoid a $15.00 monthly service fee.
