A savings account is almost a necessity for unexpected needs, a child's first bank account, Christmas savings plans, vacation savings and a variety of other short-term savings needs. Merchants & Farmers Bank offers several interest-bearing savings accounts to help you achieve your financial goals. They may not carry all the glamour of a mutual fund or a money market account, but a regular savings account is a sound, essential investment, and one that can grow into something quite substantial. Saving regularly is the most reliable path to financial security. Accounts include:
- Online Banking
- eStatements
- Merchants & Farmers ATM Card
- Bankline (24 hr Telephone Banking)
- Direct Deposit
savings account
- $100 minimum deposit to open
- 2 free monthly debits
- No service charge if minimum balance above $200 is maintained
- Interest-bearing
Christmas club
- $1.00 minimum deposit to open
- No monthly service charge
- Maximum account balance $5,000
- Checks direct deposited or mailed in November
- Interest-bearing
LUTMA Savings (Minor)
- $25 minimum deposit to open
- No service charge until 18 years of age
- 2 free monthly debits
- Interest-bearing
Personal Checking
A checking account tailored to your life.
Take control of your finances with a variety of our checking accounts.