Personal Savings

Personal Savings

Checking | Investments | Loans | Other Services

Open up a new account today
740-732-5621

Starter Savings Accounts

Savings habits are best learned at an early age. We’ve made saving a breeze for customers under 21 years of age. You can open a Starter Savings Account for $5.00 and you’ll receive:

No minimum balance required
A statement at least quarterly
No service charge until 21 years of age.

Regular Savings Accounts

Our basic savings account requires an opening balance of only $100 to earn interest, and you’ll also receive:

A statement at least quarterly.
No service charge if you maintain a balance of $100 or more. If your balance falls below $100 during your quarterly statement cycle, you will be charged only $5.00 per quarter.

Money Market HI FI Accounts

This account allows you to earn higher rates of interest which is compounded daily, and paid to the account quarterly. As you increase your balance, you move to higher interest rate tiers. The account earns the NOW Account rate if the daily balance is less than $2500. Balances $2500 to $9,999.99 earn a higher interest rate. You can even earn a higher rate of interest by carrying a daily balance of $10,000 or greater. A daily balance of $2500 or greater is required to avoid a $10.00 quarterly service charge. An opening balance of $2500 or greater is required. You will also receive these additional features:

This account allows limited check writing privileges.
Checks are provided to the customer at no charge.
Easy to read statements at least quarterly with no cancelled checks returned.
No charge for copies of cancelled checks.
Six third party transfers, including checks, are permitted each calendar month and there can be unlimited transfers conducted in person.

Christmas Club and Vacation Club Accounts

Christmas Club
Are you tired of the credit card bills piling up after the Christmas holidays? A Christmas club account can help you put away a little money whenever your budget allows and make holiday shopping more fun. A Christmas club account can be opened for as little as $1.00. The Farmers and Merchants Bank allows the account holder to deposit any dollar amount on whatever schedule they desire or their budget allows. There are no weekly restraints. However, a penalty will be imposed for early withdrawal. Interest is compounded daily. Each year in mid October, a check including all principal and interest is mailed to the account holder.

Vacation Club
Have you always dreamed of taking a special vacation? Start a vacation club now and you can fulfill that dream sooner than you think. A vacation club account can be opened for as little as $20.00. The Farmers and Merchants Bank allows the account holder to deposit money on whatever schedule they desire or their budget allows. However, a penalty will be imposed for early withdrawal. Interest is compounded daily. Each year in mid May, a check including principal and interest is mailed to the account holder.

Related Services

Direct Deposit

Direct Deposit saves time, and if your time is valuable, Direct Deposit is a real value enhancing product. Add up the time you spend monthly depositing your paycheck and then think of the things you could do instead. Deposits are credited and available the morning of the pay date.

Payroll, Social Security, government checks and other regularly deposited items are available for Direct Deposit. It’s safe and convenient. Just ask your company’s Human Resources/Payroll department for the forms needed for Direct Deposit. For Direct Deposit of government checks, you can request direct deposit by calling 1-800-772-1213.

24 - Hour Telephone Banking

Want to balance your checkbook at 11 p.m.? Is your teenager using the family computer so you can’t log on to Internet Banking? With 24-hour telephone banking you can handle all your banking business with just one phone call. Look at all the features of our system:

Balance Inquiry
Transfer funds between accounts
Verify deposits or withdrawals
Inquire whether a specific check has cleared