We wouldn’t be aspiring to be the Valley’s leading financial partner if we were fans of the “set it and forget it” mindset, would we? We’re honored to be part of your financial journey and take our role in providing you with the best banking solutions seriously.  We’ve hinted that big upgrades were coming from everything from our new ATM platform to new products and we’re excited to finally announce a new series of accounts available March 16, 2023.

These new accounts are geared to give you a simple and elevated banking experience. Need a free basic checking account?  We’ve got you covered!  Looking for a little extra?  Qualifying for rewards has never been easier!  Forget the days of needing to meet multiple requirements to benefit from your account; these accounts only require one qualifier to receive the benefits.

Review our new accounts and frequently asked questions below.  Don’t hesitate to send us a message or contact your nearest F&M Bank location.

New Consumer Checking Accounts

Basic Checking

Those needing a standard checking account.

Cash Back

Those needing cash-back rewards with lower balance requirements.

Cash Back Plus

Those who are looking for bigger rewards, carry a higher balance, and love to travel.

Ideal For  table arrow Those needing a standard checking account
Cash Back  table arrow No
Interest  table arrow No
ATM Waivers  table arrow No
Free Additional Accounts  table arrow 0
Additional Account Benefits  table arrow Free Online & Mobile Banking

Free Visa Debit Card

Free e-statements ($2 mailed statements)

First OD waived

Free consultation with an F&M Mortgage Advisor

Free consultation with an F&M Financial Services Advisor

Balance Requirements  table arrow $0.00
Waivers (Only One Required)  table arrow No strings for this free account.
Maintenance Fee  table arrow $0.00
Former Account  table arrow Kasasa Cash Back
Ideal For  table arrow Those needing cash-back rewards with lower balance requirements.
Cash Back  table arrow Yes
Up to $10 cashback per month
(Every $200 spent, earns $1 back)
Interest  table arrow No
ATM Waivers  table arrow Yes
Non-F&M Bank ATM fee waivers up to $9.
Free Additional Accounts  table arrow 2
Additional Account Benefits  table arrow Free Online & Mobile Banking

Free Visa Debit Card

Free e-statements ($2 mailed statements)

First OD waived

Free consultation with an F&M Mortgage Advisor

Free consultation with an F&M Financial Services Advisor

Balance Requirements  table arrow $1,500
Waivers (Only One Required)  table arrow Set up or maintain direct deposit into your Cash Back Checking Account
-or-

Maintain a minimum daily balance of $1,500 or more
-or-

Maintain F&M Savings Account, Money Market Account, or Christmas Club account
-or-

Maintain a personal loan or Home Equity Line of Credit with F&M Bank

Maintenance Fee  table arrow $9.95 if one of the account waivers listed above are not met.
Former Account  table arrow Kasasa Cash Rewards
Ideal For  table arrow Those who are looking for bigger rewards and carry a higher balance.
Cash Back  table arrow Yes
Up to $10 cashback per month (Every $200 spent, earns $1 back)
Interest  table arrow Yes
Interest Earned on your daily balance (1.00% Annual Percentage Yield).
ATM Waivers  table arrow Yes
Non-F&M Bank ATM fee waivers up to $18.
Free Additional Accounts  table arrow 4
Additional Account Benefits  table arrow Free Online & Mobile Banking

Free Visa Debit Card

Free e-statements ($2 mailed statements)

First OD waived

Free consultation with an F&M Mortgage Advisor

Free consultation with an F&M Financial Services Advisor

Balance Requirements  table arrow $5,000
Waivers (Only One Required)  table arrow Set up and maintain direct deposit into your Cash Back Plus Checking Account
-or-

Maintain a minimum daily balance of $5,000 or more
-or-

Maintain F&M Savings Account, Money Market Account, or Christmas Club account
-or-

Maintain a personal loan or Home Equity Line of Credit with F&M Bank

Maintenance Fee  table arrow $14.95 if one of the account waivers listed above are not met.