Regular Savings
Savings accounts are great for setting aside cash for big purchases or rainy days. At Merchants & Farmers Bank, we’re all about helping you make the most of your money. Whatever stage you find yourself in life, we have the savings account for you.
Benefits
- $50 opening minimum balance
- Automatic Transfer Capability
- No more than six (6) withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party
- Statements printed/Interest compounded quarterly
- Direct Deposit capability
- No service charge if balance is $50 or above every day of month ($1.00 charge if balance falls below $50)
- One monthly debit without a fee - $2.00 fee per debit afterwards
- Online Banking
- e-Statements (must be registered for Online Banking)
- Mobile Banking (must be registered for Online Banking)
- Telephone Banking