Business Banking

 

Savings Accounts

 

	Money Market	Classic Savings	Combo Savings
	An easily accessible account that earns market rates	An account for traditional savings needs	A combination savings and checking account with same ownership
Minimum to Open	$100	$100	$100
Pays Competitive Interest	Tiered rates - refer to rate sheet	Yes	Yes
Monthly Fee	None, with a minimum daily balance of $1000; $10 fee if balance not met	None, with a minimum daily balance of $300; $3 fee if balance not met	None, with a minimum daily balance of $100; $3 fee if balance not met
Withdrawals	Preauthorized withdrawals up to 6 per statement cycle with no more than 3 by check	Six withdrawals per month, $1 per additional withdrawal	Six withdrawals per statement cycle, $1 per additional withdrawal
Additional Benefits	Free Internet Banking Free ATM Card Free Telephone Banking Free Printed Checks	Free  Internet Banking Free Telephone Banking Non-profits and public funds have no monthly fees	Free  Internet Banking Free Telephone Banking Non-profits and public funds have no monthly fees Access savings through ATM

Certificate of Deposits

Certificate of Deposits (CD’s) offer a safe secure investment option to complement an investors financial portfolio.  Farmers State Bank offers a wide selection of terms to help achieve that goal.  Please see one of our Customer Service Representatives for more information.