PERSONAL SAVINGS
Open a savings account today and start saving for your future or for a special purchase.
We make it easy at Farmers and Merchants Bank for you to prepare for the future.
Regular Savings Account
- With a minimum deposit of $150.00, you can establish a savings account, which earns interest on your average daily balance.
- Interest is paid and statements are generated quarterly, and a monthly statement is sent when certain transactions occur.
- A quarterly service charge of $6.00 is imposed if your average daily balance falls
below $25.00.
- A per debit charge of $1.50 will be charged for each withdrawal in excess of 6 per month.
Youth Savings Account
- This account is designed to help youth learn to save for their future. Youth can open a savings account with a minimum deposit of $25.00.
- No quarterly service charge
- Interest is paid and statements are generated quarterly, and a monthly statement is sent when certain transactions occur.
- A per debit charge of $1.50 will be charged for each withdrawal in excess of 6 per month.
