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Business Money Market Business

A money market account that works for you

Farmers National Bank offers a convenient business money market account where funds remain available and earn interest.

Comparison table of money markey accounts.
  Money Markey Index
Minumum to Open $7,500
Monthly Service Fee $10.00 monthly service charge if balance balls below $7,500 at any time during the month
Interest Variable tiered interest based on market conditions, subject to change monthly.
Monthly Statement Monthly Paper Statement (E-statement Available*)
Additional Information Limit of 6 transfers or withdrawals via checks, debit card or other electronic transaction per month.
Refer to interest rate charts and account disclosures for complete details
Debit Card Yes
Business Online Banking, Mobile Banking & E-statements* Yes

Business Debit Card

Features

  • Card displays company name and name of the authorized user
  • Separate cards available for each authorized user
  • Multiple authorized signers (Maximum 6 per account)
  • Easy expenses tracking from checking account statement or online anytime
  • Dollar limits set individually
  • Each card authorized or restricted for ATM usage and POS terminal usage/purchases
  • Changes to the cards authorized by the business owner/manager only
  • If one card is lost or stolen, it can be frozen and other cards remain active
  • If an employee leaves, card can be frozen and other cards remain active
  • Currently, a 1% fee is assessed on international transactions when a currency conversion occurs. Fee is unchanged. Visa will impose a 0.8% fee on foreign transactions when a currency conversion is not performed.

*Canceling E-Statements: You may opt-out of E-Statements at any time by visiting one of our branch locations. If you opt-out of E-Statements, we will resume delivery of your paper statements by U. S. Mail. There will be a $30.00 reinstatement fee associated with the reinstatement of paper statements. For Totally Green & Business Green Checking accountholders, there will be an additional $3.00 monthly paper statement charge.

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