Check out Farmers and Merchants' Personal Account Options
Checking Accounts
Regular Checking
- $100.00 to open
- $4.00 Service charge if account balance falls below $1,000.00
- Deposits or withdrawals can be made anytime at no charge
NOW Checking
$100.00 to open
- Must maintain a balance of $1,500.00 to accrue interest (.10)
- If below $1,500.00, a fee of $6.00 will be charged AND .20
- Per check after 20 checks.
Savings Accounts
Regular Savings
- $100.00 to open
- .25 Interest rate compounded monthly
- If balance falls below $250.00, $1.00 fee is incurred for the month
- Unlimited deposits
- 6 withdrawals or transfers per month
Money Market Savings
- $100.00 to open
- .20 Interest rate compounded monthly
- If balance falls below $2,500.00 a $7.00 service charge will apply.
- AND .25 per check
- Unlimited deposits
- 6 withdrawals or transfers per month
Competitive Rates
Check our competitive rates on CD's, IRA's, and Savings accounts. (Interest rates change on a daily basis call Farmers & Merchants Bank for more information).
TeleBank
24-Hour Banking Convenience 405-867-5985
Easy Transfers between Checking & Savings
Banking made easy from any touch tone telephone Call us at (405) 867-4485 and do your banking at any time or place.
Safe Deposit Boxes
Safe deposit boxes are available in various sizes.
For all services offered please come by and see our friendly staff.
For information about FDIC insurance coverage, visit www.fdic.gov.
Retirement Accounts
CDs & IRAs
Certificates of Deposit
Farmers and Merchants Bank offers a competitive array of fixed-term products that allow you to design your own savings strategy. Our standard certificates provide:
- Minimum of $1,000 to open
- Any term available from 30 days to 4 years
- A variety of interest payment options
- 10 day grace period allows for flexible changes at maturity
IRAs
Contributing to an IRA is an excellent way to save for retirement. Even if you are already saving, an IRA can still be a valuable addition to your retirement savings program.
At Farmers and Merchants Bank, we offer both Traditional IRAs and Roth IRAs. You can choose the IRA that's right for you.
