F&M Power Checking
Power Checking is perfect for…almost everyone! This versatile account has extraordinary features, as well as time- and money-saving advantages like automatically reimbursed, non-F&M Bank ATM use* and comprehensive identity theft protection, monitoring and resolution service. Whether you’re heading off to college, a busy parent, working professional or retiree, F&M Bank’s Power Checking works hard for you.
Account Features
- Minimum Opening Balance - $50 deposit required to open account
- App & Online Banking with Bill Pay - Securely check your balances, pay bills and more from your phone or tablet.
- Mobile Deposit (upon approval) - Deposit checks directly from your mobile device.
- In-App, Email & Text Notifications - Important info comes straight to your inbox or mobile device.
- eStatements - View account statements online as soon as they’re ready.
- F&M Bank Debit Card - Swipe/insert-and-go ease with worldwide acceptance.
- Multiple Overdraft Solutions - Peace of mind in case of a mistake or emergency.
- F&M Specialty Wallet Checks - Once per calendar year
- Reimbursed non-F&M ATM usage up to five (5) times per statement period*
- Identity Theft Protection, Monitoring & Resolution Service - Help to avoid and resolve identity theft.
- Earns Interest
Service Charge
Monthly Service Charge: $10
Receive a $2 eStatement credit, simply by electing to receive electronic statements.
When you open your account you will select one of the following options that best suits your needs:
- Option #1: Each time you use your F&M Bank Debit Card (excluding ATM withdrawals) it will count towards earning a service charge credit up to a maximum of $8. All transactions must post during the statement period.
- Option #2: Maintain an average ledger balance of $5,000 in your checking account or a combined average ledger balance of $7,500 in your F&M Bank checking, savings and/or money market accounts during the statement period to reduce your service charge by $8.
To learn more about our personal checking accounts, contact an F&M team member or stop by any F&M Bank location.
*Reimbursement for up to five (5) non-F&M ATM surcharge fees and waiver of corresponding F&M Bank’s ATM fee per statement period. See product disclosure for additional information.
