Commercial Checking

Community Checking

This account is available to non-profit organizations, clubs, community and religious organizations, estates, and trusts.

• You must deposit $100.00 to open this account.
• A Balance Requirement Fee of $5.00 will be imposed every monthly statement cycle if the balance in the account falls below $200.00 any day of the cycle.
• Free Online Banking Services

Community Advantage Checking

This interest-bearing checking account is available to non-profit organizations, clubs, community and religious organizations, estates, and trusts.

• You must deposit $500.00 to open this account.
• The interest rate is subject to change.
• A Balance Requirement Fee of $8.00 will be imposed every monthly statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
• Free Online Banking Services

Small Business Checking

This account is intended for DBA's, Sole Proprietorships and LLC's only.  Additionally, cash intensive businesses exceeding $10,000 in cash withdrawals during a statement cycle will be transferred to a Commercial Checking Account.

• You must deposit $200.00 to open this account.
• A Balance Requirement Fee of $8.00 will be imposed every monthly statement cycle if the balance in the account falls below $500.00 any day in the cycle.
• A per check fee of $.35 will be charged every monthly statement cycle for each debit transaction including Checks, ACH, EFT/ATM withdrawals if you fall below the minimum balance requirement and exceed 100 debits (any combination).
• ACH Origination and Wire Transfer services are available.

Commercial Checking

At Farmers & Merchants Bank of South Carolina, we keep our business customers in mind. Your account analysis service charges are determined based on the activity of the account after an earnings credit reduction.

• Earnings credit is compared to costs for servicing this account.
  
         Monthly Analysis Maintenance Charge: $9.00
         Checks, ACH, EFT posted: $0.18
         Paper items deposited foreign: $0.10
         Currency per $100.00: $0.10
         Rolled coin per roll: $0.05

• ACH Origination and Wire Transfer services are available.

Commercial Money Market

• You must deposit $2,500.00 to open this account.
• This account earns interest. The interest rate is subject to change.
• You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed interest rate.
• A Balance Requirement Fee of $8.00 will be imposed every monthly statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
• An Excess Withdrawal Charge of $3.00 will be charged for each withdrawal in excess of six per statement cycle.