checking accounts

There is one just for you!

Merchants & Farmers has an account just for you! Whether you are a student, senior or business, we have an account to suit your needs, we cater to all of our customers including our regular checking customers.

TOTAL

Checking Account

  • $ 200.00 Minimum Opening Deposit
  • $5 Monthly Service Charge
  • No Per Debit Charge
  • Truncated Statement – No Images
  • No Monthly Fee ATM/Mastercard Debit Card

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

REGULAR

Checking Account

  • $200.00 Minimum Opening Deposit
  • Monthly Service Charge of $8.00 if balance falls below $600.00
  • $.15 per debit over 30 per month per debit charge
  • Detailed monthly statement with check images
  • No monthly ATM/Mastercard Debit Card fee

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

NOW

Checking Account

Must be individuals, sole proprietor, or non-profit organizations, including corporations that are operated primarily for religious, philanthropic, charitable, educational, political, or other similar purposes. Government, county, municipality, or political units are also eligible to maintain a NOW account.

  • $200.00 Minimum Opening Deposit
  • Monthly Service Charge of $8.00 if balance falls below $600.00
  • $.15 per debit over 30 per month per debit charge
  • Detailed monthly statement with check images
  • No monthly ATM/Mastercard Debit Card fee

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

NOW PLUS

Checking Account

Must be individuals, sole proprietor, or non-profit organizations, including corporations that are operated primarily for religious, philanthropic, charitable, educational, political, or other similar purposes. Government, county, municipality, or political units are also eligible to maintain a NOW account.

  • $2,500.00 Minimum Opening Deposit
  • $7.00 Monthly Service Charge if minimum balance falls below $2,500.00
  • .25 per debit over 6 per month
  • Detailed monthly statement with check images
  • No monthly ATM/Mastercard Debit Card fee
  • Now Plus Interest compounded monthly

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

COMMERCIAL

Checking Account

  • $500.00 Minimum Opening Deposit
  • Monthly Service Charge of $7.00
  • $.10 per debit item per month
  • Earnings credit of .20 per $100.00
  • Detailed monthly statement with check images
  • No monthly ATM/Mastercard Debit Card fee

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

COMMERCIAL PLUS

Checking Account

  • $2,500.00 Minimum Opening Deposit
  • Monthly Service Charge of $7.00 if balance falls below $2,500.00
  • $5.00 per debit over 6 per month
  • Detailed monthly statement with check images
  • No monthly ATM/Mastercard Debit Card fee
  • Commercial Plus Rate compounded monthly

Also Available

  • E-Statements – Emailed Statements.
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

SENIOR CITIZEN

Checking Account

  • Eligibility: Must Be 65 Or Older
  • $200.00 Minimum Opening Deposit
  • No Monthly Service Charge
  • No Per Debit Charge
  • Detailed Monthly Statement With Check Images
  • No monthly ATM/Mastercard Debit Card fee
  • Free Basic Checks

Also Available

  • E-Statements – Emailed Statements
  • Combined Statements – Several accounts on one monthly statement
  • Internet Banking – Online account information, transfers, etc.
  • Bill Pay – Easy online bill payment service.

5 Factors That Affect Your Credit Score

Download the M&F Banking App

Banking made easy for our customers on the go!

Download the M&F Banking App

Banking made easy for our customers on the go!

Download the M&F Banking App

Banking made easy for our customers on the go!

We don't think of them as loans. They're investments in you.