Personal Checking Accounts that Fit Your Needs
The personal checking accounts offered by Farmers & Merchants Bank are a great way for you to access your funds easily. With this type of account, you can:
- Manage Your Finances Effectively – Use a checking account to budget your funds, save for major purchases, and pay for bills on time.
- Write Checks – Pay for products or services without getting cash from an ATM.
- Receive Deposits Directly to Your Account – Instead of cashing out a physical check at a bank or another financial institution, your employer or benefits provider deposits the money directly to your checking account.
Open a checking account today by visiting one of our bank branches in Indiana.
| Essential Checking | Interest Checking | Youth Checking | 55+ Interest Checking | Relationship Interest Checking | Health Savings Account | |
|---|---|---|---|---|---|---|
Description | Essential Checking Simple, reliable checking with the features you need. | Interest Checking Earn interest while managing your money with ease. | Youth Checking A smart start for kids and young adults gaining financial independence. | 55+ Interest Checking Built for experience - added perks for customers 55 and better. | Relationship Interest Checking Premium checking that rewards your full banking relationship. | Health Savings Account An account used with a qualified high-deductible health plan. |
Minimum Opening Balance | Essential Checking $50.00 | Interest Checking $500.00 | Youth Checking $50.00 | 55+ Interest Checking $50.00 | Relationship Interest Checking $5,000.00 | Health Savings Account $100.00 |
Account Requirements | Essential Checking No | Interest Checking No | Youth Checking Age 0-217 | 55+ Interest Checking Age 55+ | Relationship Interest Checking See below8 | Health Savings Account No |
Maintenance Charge Waive Opportunities (per statement cycle) | Essential Checking Maintain average daily balance of $500+, or have direct deposit totaling $500+, or make 15+ debit card purchases | Interest Checking Maintain average daily balance of $1,000+ | Youth Checking No maintenance charge | 55+ Interest Checking Maintain average daily balance of $1,000+, or have direct deposit totaling $500+, or make 15+ debit card purchases | Relationship Interest Checking Maintain average daily balance of $5,000+ | Health Savings Account Maintain average daily balance of $100+ |
Free Paper Statements1 | Essential Checking No | Interest Checking No | Youth Checking No | 55+ Interest Checking Yes | Relationship Interest Checking No | Health Savings Account No |
Free electronic statements | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account Yes |
Digital Banking2 | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account Yes |
Bill Pay3 | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account No |
VISA Debit/ATM Card4 | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account Debit Card Only |
ATM Fee Refunds5 | Essential Checking No | Interest Checking No | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account No |
Free Checks6 | Essential Checking No | Interest Checking No | Youth Checking No | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account No |
Unlimited Transactions | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account Yes |
Earns Interest | Essential Checking No | Interest Checking Yes | Youth Checking No | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account Yes |
Cents-Able Savings9 (with F&M Savings Account) | Essential Checking Yes | Interest Checking Yes | Youth Checking Yes | 55+ Interest Checking Yes | Relationship Interest Checking Yes | Health Savings Account No |
Interested? | Essential Checking Learn More | Interest Checking Learn More | Youth Checking Learn More | 55+ Interest Checking Learn More | Relationship Interest Checking Learn More | Health Savings Account Learn More |
- Paper statements available for a fee unless otherwise noted. Contact a bank representative for details.
- Digital Banking available to customers age 13 and older.
- Bill Pay available to customers age I 8 and older.
- Visa® Debit/ATM Card available to customers age 18+, or with an adult joint owner.
- ATM usage fees of up to $8 per month will be refunded upon customer request.
- One free box of Farmers & Merchants Basic I Single checks at account opening upon customer request.
- At the age of 22, your account will automatically convert to the Essential Checking account.
- Relationship Interest Checking available for consumer accounts with a combined balance of $50,000 or greater in a qualifying linked consumer checking, savings, CD or loan with common signers across accounts. Business, trust, and estate accounts do not qualify. Contact a bank representative for complete details, terms, and conditions.
- Cents-Able Savings rounds up debit card purchases to the nearest dollar. Round-up amounts are totaled and transferred to your linked account at the end of each business day.
Great Benefits of our Checking Accounts:
- ATM/Debit Card
- Automatic Transfers
- Cents-able Savings
- Debit Card Activity Alerts
- Digital Banking & Bill Pay
- Telephone Banking through the Freedom Line
- Text Banking
- Unlimited Transactions
Essential Checking
A simple, reliable checking account designed to provide you all the essentials for your everyday banking needs with power and flexibility.
Youth Checking
A great account for children or young adults. Includes unlimited check writing and a low opening balance. We offer youth an account with no monthly maintenance charges.
Interest Checking
A popular account that earns interest that is compounded monthly and offers unlimited check writing
55+ Interest Checking
An account full of perks, created to make banking easier and more rewarding for those with years of experience.
Relationship Interest Checking
An exclusive account that rewards you for your full banking relationship. This account pays premium interest rates and provides other account perks for combined relationship balances of $50,000+.
Health Savings Account
- ATM/Debit Card
- Automatic Transfers
- Debit Card Activity Alerts
- Digital Banking
- Unlimited Transactions