Commerical and Ag Banking - Checking Account Services
Commercial or Ag checking accounts are available to any business, corporation, partnership, sole-proprietorship, or non-profit organization that meet our documentation requirements. Contact one of our Customer Service Representatives at the Farmers Savings Bank & Trust for information about our commercial checking accounts.
Free Business checking with E-Statements
We are so confident that you like our service that we offer a business checking account that is free of service charges when you keep transactions below 150 items per month and sign up for E-Statements.
$25 minimum balance to open account
No minimum balance requirement
ATM or Debit card fee waived for the first year
Free TeleBank services
When items count exceeds 150 items per month you earn credit back toward your monthly service charge based on our commercial earnings rate subject to change daily.
$7.50 charge for monthly maintenance fee
$0.15 charge for each paper debit
$0.25 charge for each paper credit
$0.10 charge for each electronic debit or credit
$0.03 charge for each on-us deposited item
$0.07 charge for each transit deposited item
Our commercial accounts offer:
$25.00 minimum balance to open
Unlimited check writing
ATM/Debit card fee waived for the first year
Free TeleBank services
Credit to offset service charge *
Monthly maintenance charge of $7.50
Debits posted - $0.25
Credits posted - $0.25
NSF or Overdraft - $22.00
Stop Payments - $22.00
Now Business Checking with Interest
if you qualify you can earn a competitive rate on your checking account balance.
Unlimited check writing priviledges
ATM or Debit card fee waived for the first year
Free TeleBank services
Interest earned daily and compounded monthly
Interest paid on transit items when funds are available to the Bank
If a minimum average daily balance of $1,500 is not maintained the service charges are:
$5.00 per monthly statement
$0.25 per check in excess of 50 checks written per statement cycle
* Subject to change without notice.
Rate information: Your interest rate and annual percentage yield may change.
Frequency of rate changes: We may change the interest rate on your account at any time. Farmers Savings Bank & Trust will provide full account disclosures at the time an account is opened.
