Farmers State Bank - Business Checking

Your business is important to us, so we make it our business to ensure that your commercial account is handled with the efficiency and convenience you deserve.

Business Checking Account

An earnings credit based on the average daily balance is applied to offset charges to the account. The earnings credit can reduce or even erase any services charge. Fees for special services, like wire transfer fees and return item fees, are countered against the earnings credit. This works to your advantage by eliminating the direct charge to your account. Statements of account include all activity for an entire calendar month.

Business NOW Account

This account earns interest based on the average daily balance. A service charge is assessed based on the aggregate of the maintenance fee, activity charges and fees for special services. Statements of account include all activity for an entire calendar month.

Business Money Market Deposit Account

Earn interest while writing a limited number of checks each month. Money Market Deposit Accounts are limited by federal regulation to a maximum of six transfers per month, three of which may be by check. Unlimited deposits and withdraws may be made across the counter. Statements and canceled checks are mailed monthly.

Business Savings Account

Our Business Savings Account offers easy access to your funds with a monthly statement to facilitate accurate recordkeeping. Interest is compounded daily to maximize earnings potential. Transfers may be made between your Business Savings Account and your Business Checking Account.

Business Certificate of Deposits

Our Certificates of Deposits offer consistently competitive rates of interest. Terms range from three months to five years. The minimum deposit starts as low as $100.00.

Individual Retirement Account

Choose the right retirement account to fit your personal or business needs. No matter who you are or what your financial plans are, our IRAs can help you achieve your financial goals. We offer IRA Certificates of Deposits that give you a chance to earn competitive interest rates. Choose from one year up to five years, in a term that fits your needs. Farmers State Bank offers both Traditional and Roth IRAs.

Equal Housing Lender

Member FDIC

NOTICE OF INCREASED FDIC
DEPOSIT INSURANCE COVERAGE
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000.00 to $250,000.00 per depositor through December 31, 2009. Please contact our staff for additional information at 877-526-8011 or click here.