Commercial Checking is the ideal choice for established businesses and non-profit organizations with moderate to high transaction activity whose compensating balances may offset fees. Enjoy a low minimum opening balance, a low monthly service fee and a variety of value-added features.
Account Features
- Minimum Opening Balance: $100 deposit required to open account
- Low per-item cost for each transaction (deposits, items deposited, debits, etc.)
- $15 monthly maintenance fee (Earnings Credit Allowance can reduce or eliminate service charges*)
- App & Online Banking with Bill Pay
- Mobile Deposit (upon approval)
- In-App, Email & Text Notifications
- eStatements
- F&M Bank Debit Card
- Multiple Overdraft Solutions available with CreditReserve** or a business savings account
Business customers also have access to additional services such as business savings and money market accounts, payroll services, cash management services and business lending solutions.
To learn more about our business checking accounts, contact an F&M Bank team member or stop by any F&M Bank location.
*Earnings Credit Allowance = (Average Collected Balance less 10% Reserve) x Earnings Rate
**Subject to credit approval
**Subject to credit approval
