Our business checking account options were designed with your Shenandoah Valley company in mind. Whether you are a sole proprietorship, corporation or even a non-profit organization, F&M Bank has the right business checking account to fit your needs. All of our business checking accounts are insured by the F.D.I.C and offer:

  • Monthly Image Statement
  • Combined Statements
  • 24 hour Telephone Banking
  • Internet Banking
  • Free Night Deposit with free lockable money bags

Electronic collection of any charged back checks is provided FREE with Re$ubmitIt®. Click here to learn all about it! We double the recovery rate for many customers.

Compare Business Checking Accounts

Non-profit organizations qualify for the same Regular Checking and Interest Checking accounts that individuals may have.

Sole proprietorships may open the same Interest Checking accounts that individuals may have, or non-interest bearing Free Business Checking.

Free Business Checking

Keep it simple with Free Business Checking, a non-interest bearing account that offers sole proprietorships, partnerships, and small corporations up to 1,000 transactions a month with no maintenance fees or minimum balance requirements.

Commercial Checking

As your business grows, you need the freedom to expand. With Commercial Checking, you’ll enjoy unlimited transactions with the benefit of taking an earnings credit. This non-interest bearing account is available to sole proprietorships, partnerships and corporations with higher balances and greater monthly activity than permitted by Free Business Checking.

Commercial Repurchase Agreement

Does your company have an excess balance in its checking account? Through a Commercial Repurchase Agreement, a target balance is identified in order to provide sufficient earnings credit to offset activity charges. After your account reaches its target balance, all excess funds are invested on an overnight basis in a Repurchase Agreement and earn interest based on fluctuating weekly rates based on the average Fed Funds rate for the preceding week. The interest rate is tiered based on your invested balance. These investments are not insured deposits, but they are secured by bonds owned by the bank.

Business Checking for Nonprofits

As a longtime community bank, F&M understands the important role played by nonprofits in local Shenandoah Valley communities. We are proud to offer business checking account options tailored specifically to the needs of nonprofit organizations. Regular Checking offers unlimited free checking writing and other perks without a minimum balance requirement or service charges. Interest Checking provides the opportunity to earn monthly interest for every day your balance reaches $1,000 or more.

FDIC- Expanded Coverage up to 50 Million

FDIC Insurance coverage is an important benefit of banking with Farmers & Merchants Bank. You can rest assured that your deposits are safe and secure. Click here to visit the FDIC website and learn more about how your deposits are insured.

Some customers need more coverage than the $250,000 per bank provided by FDIC. Farmers & Merchants Bank provides full FDIC insurance coverage up to $50 million through participation in the CDARS network for bank CD’s (Certificate of Deposit Registry Service). You don’t need to open accounts at multiple banks for expanded coverage; open all your accounts here and simplify your finances. Learn more about CDARS and coverage up to $50 million.

Learn More About F&M’s Business Checking Account Options

Contact us today or stop by your local branch in Augusta, Page, Rockingham, or Shenandoah County. From Harrisonburg to Staunton, and across the Shenandoah Valley, our Business Banking team can help your company get the most out of its business checking account.