Business Checking

The smooth flow of your company’s cash can be the difference between riding high or just drifting along. F&M has deposit products designed for businesses right here in Middle Tennessee, with features and pricing that make sense for you!

Business Checking Comparison Chart
	Free Business Checking	Small Business Checking	Business Checking Plus	Business Interest Checking	Commercial Checking
This Account Is For You If...	You don't want to worry about excess fees and maintaining a minimum balance.	Your business maintains at least $3,000 minimum daily balance and you require a generous 500 transactions each month.	Your business requires a higher volume of monthly items* and you maintain minimum daily balances of $10,000 deposits or $30,000 combined deposits and loans.	You are a sole proprietorship, government entity or non-profit organization and want to earn tiered interest rates that reward your higher balances with higher rates!	Your business requires a large number of monthly items* and you desire an account where item charges can be offset by credits earned with compensating balances.
Monthly Fee	$0	$0 with $3,000 minimum daily balance	$0 with $10,000minimum daily balance or $30,000 combined deposit/loan balances	$0 with $3,000 minimum daily balance	Varies
Minimum Opening Balance	$250	$250	$250	$250	$250
Interest				Tiered
Number of No-Fee Monthly Items*	200	500	1,000	500	Per item charges can be offset with compensating balances
Free Business Online Banking and Bill Pay
Free VISA Debit Cards with Individual Spending Limits
Free VISA Credit Cards (approval required)
Statements	E-Statement	Your Choice: Monthly Paper or E-Statement	Your Choice: Monthly Paper or E-Statement	Your Choice: Monthly Paper or E-Statement	Monthly Paper Statement

Checking Accounts

FREE Business Checking

The best checking account around for businesses that don’t want to worry about excess fees and maintaining a minimum balance.  You’ll have 200 items per month, free Business Online Banking with Bill Pay and a convenient monthly e-statement

Small Business Checking 

A great value most  small businesses, providing 500 items* per month for a low monthly fee, which will be waived by maintaining a $3,000 minimum daily balance.

Business Checking Plus 

For companies with a higher volume of monthly items.* This account provides up to 1,000 items each month for a low monthly fee, which will be waived if you maintain either a $10,000 minimum daily balance or $30,000 in combined deposits and loans.

Commercial Checking 

Customized for businesses that use a large number of monthly items.* Fees are charged on a per-item basis, but can be offset by credits earned with compensating balances. Ask us to evaluate your checking  activity to provide an estimate of services.

Business Interest Checking 

Allows a sole proprietorship, a government entity or non-profit organization to earn tiered interest that rewards higher balances with higher rates! You are allowed 500 items* per month, and the monthly fee is waived if you maintain a $3,000 minimum daily balance.

* Items are defined as individual checks written, a deposit, individual checks deposited, transfers between accounts, online and ACH transactions, wire transfers etc. There is a charge of 35 cents for each item exceeding the monthly maximum for all F&M Bank Business checking accounts. Your F&M Bank representative can provide you with a complete list of per-item fees and credits.