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Personal Banking

Personal Banking

One of the most common reasons people come to a bank is to set up checking or savings accounts. We have a variety of types of accounts, and we'll work with you to help you choose the one that best fits your goals and lifestyle.

Checking Products

Checking Accounts Opening
Minimum Monthly
Ultimate Checking $100
$100 and above
- with balance greater than $1000
Ultimate Gold Checking $100 - $6.00 - with balance
greater than $500
Experienced Club Checking $1500 or $10,000 CD or $15/month or Direct Deposit None! No
Regular Checking $100
Under $100
$300 and above
$0.20/item if more than 20 items are processed given balance less than $300 No
Market Rate Checking $500
Under $500
$500 and above
$0.20/debit given account balance less than $500 with balance greater than $500

*no-fee student checking and savings accounts are available

Checking Accounts PDF

Savings Products

Savings Accounts Opening
Minimum Monthly
Money Market Savings $500 None, however debit transactions are limited to
6 per statement cycle
with balance greater than $500
Statement Savings $50
Under $50
$50 and above
$1.00/item for each item in excess of 6 per statement cycle with balance
greater than $100
Health Savings $50 $1.00/month Competitive
tiered rates

*no-fee student checking and savings accounts are available

Savings Accounts PDF


Dream a Little

It could be that you're ready to take that next step - to buy a home, car, or treat yourself and your family to the vacation of a lifetime. We're just waiting in the wings to offer our assistance. We'll sit down over a cup of coffee and talk about what really matters to you, and we'll really listen. If you can't get in here during a week day, we'll arrange to meet with you on Saturday morning, by appointment. We specialize in a variety of types of loans.

Auto, Boat, RV, Credit Card? Apply online and get pre-approved!

Apply Now

Mortgage Loans

Real Estate Loans

In town, out of town, on a lake, investment properties, acreages, we are totally prepared to meet all of your real estate lending needs. Fixed rate loans, variable rate loans, rate locks, lot financing, and construction financing are also available. We have over 50 years of combined lending experience helping people who've found just the right place to call their own. Our rates and fees are very, very competitive.

  • Mortgage Loans
  • 2nd Mortgages
  • Home Equity Lines of Credit
  • Construction Financing
  • Investment Property Financing

Interested in purchasing a home? Apply online and get pre-approved!

Get Started!

Certificates of Deposit (CD)

This savings plan generally offers higher interest rates than any of our other savings plans, and your money is secure in a FDIC insured account. And CDs are flexible, too! You can choose terms from 3 months to 30 months. With that many choices, you can avoid the need for early withdrawal, which may incur a penalty.

Individual Retirement Account (IRA)

Farmers & Merchants Bank has been serving our community for a long time, and we're not going anywhere. We hope you feel the same way. That's why we believe so strongly in helping our customers ensure their financial security for retirement and beyond through a variety of retirement accounts. If you're not sure which one is right for you, we'd be glad to sit down and help you decide.

Regular IRA

This option is a tax-deferred retirement account for investors under 70 1/2 years of age. Annual contributions can total up to $5,000 and they may be tax deductible (consult your tax advisor). Taxes are deferred until payout, starting at age 59 1/2. Please note: If you are 50 years or older, you may contribute up to $6,000.00.

Variable IRA

This account offers the same features as a Regular IRA but interest rates are adjusted periodically, rather than remaining fixed.

Roth IRA

The Roth IRA allows contributions from people under 70 1/2, provided they have earned income. Contributions are generally limited to 100 percent of earned income or $2000, whichever is less. Contributions are not deductible, but earnings are tax deferred and potentially tax-free. Please note: If you are 50 years or older, you may contribute up to $6,000.00.

Education IRA

This investment account is a nondeductible account that features penalty-free and tax-free withdrawals specifically earmarked for a child's higher education expenses. Contributions may be made on behalf of a child until the day before his or her 18th birthday.

Health Savings Account (HSA)

This tax-advantaged account is available to those enrolled in a high deductible health plan, putting more health decisions in your hands. Contributions can be rolled over year to year and our competitive interest rates increase the higher your balance is.

Credit Cards and Ready Reserve

We also offer other credit options to those who qualify:

  • Visa Credit Card: Competitive rates and international buying power
  • Ready Reserve: A pre-approved personal line of credit, balancing your account automatically in the event it becomes overdrawn. With this product, you can avoid overdraft charges and transaction delays, ending the complication of overdrawn accounts.

Banking Conveniences

We offer many banking and online conveniences that make banking easy. Click here to learn more.