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Checking Accounts

Choose Your Checking Account

At F & M Community Bank, we make banking easy. And when it comes to our checking accounts, we believe it’s important to provide you with options so you can manage your money the way you want. That’s why we offer three checking account options, each of which includes free access to:

  • Online banking & bill pay
  • Mobile banking
  • Telephone banking
  • eStatements
  • Debit card
  • Surcharge-free ATM access

Switch Your Accounts

If you would like to switch your accounts to F & M Community Bank, you can get started by filling out our account switch forms.

Switch Your Account

Compare Our Checking Accounts

Account Name

Choose this
account if…

Opening Balance Requirement

Service Fees

Benefits

Rewards Checking*

You'd like a checking account that pays you interest.

$100

None

1.51% APY1 on daily balances up to $20,000

 

1.51% APY1 to 0.20% APY1 on balances over $20,000 (depending on the balance of the account)

 

0.03% APY1 when qualifications are not met2

 

Reimbursement of your domestic ATM fees (up to $20 per month) 3

 

No minimum balance requirements

Free Checking

You want a basic checking account with no monthly fees.

$100

None

Unlimited check writing

 

No monthly service fee

 

No minimum balance requirements

Senior Checking

You’re age 55 or older and want an account offering exclusive benefits.

$100

None

Free Basic Checks

 

Unlimited check writing

 

No monthly service fee

 

Free paper statements

 

No minimum balance requirements

*Limit of one Rewards Checking account per social security number. You will automatically qualify for the Preferred Rate and the ATM fee reimbursements for the first statement cycle after account opening.
[1] APY stands for Annual Percentage Yield. APY is effective 7/1/2019 and is subject to change. When the Rewards Checking qualifications are not met, the interest rate on your account will be 0.03% and the APY will be 0.03%. When the Rewards Checking qualifications are met, the interest rate on your account and corresponding APY will be tiered. If your daily balance is $20,000 or less, the interest rate paid on the entire balance will be 1.50% with an APY of 1.51%. An interest rate of 0.20% will be paid only for that portion of your daily balance that is greater than $20,000.00. The APY for this tier will range from 1.51% to 0.20%, depending on the balance in the account. At our discretion, we may change the interest rate on your account. Interest will be compounded on a monthly basis. Interest will be credited to your account on the last day of the statement cycle. If you close your account before interest is credited, you will not receive the accrued interest. Interest begins to accrue on the business day you deposit noncash items (for example, checks). We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
[2] To qualify for Rewards Checking rates and receive reimbursements on your ATM fee surcharges, you must perform the following during the monthly statement cycle: - Have at least 12 debit card purchases post and settle - Be enrolled and receive eStatements - Have at least 1 ACH debit or credit post and settle. Transactions MUST post and settle to your account during the monthly statement cycle. They may not be in a pending state to qualify as one of the qualifications. Transactions may take one or more banking days from the date the transaction was made to post and settle to an account.
[3]ATM fee reimbursements will be credited to your account on the last day of your statement cycle. ATM fees of $5.00 or less will be reimbursed up to a maximum of $5.00 per individual transaction. ATM fees of $5.01 or higher will be reimbursed if the appropriate ATM receipt is presented to a representative at one of our branches. If you believe that you have not been reimbursed the correct amount, please contact us. Note: ATM withdrawals do not count as qualifying debit card transactions for purposes of earning rewards within this account.

Apply to Open a Checking Account

If you know which F & M Community Bank checking account will work best for you, don’t wait to get started. Complete our online application to start the process of getting the checking account you want.

Complete Our Account Application