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A simple, inexpensive business checking account for small businesses that allows you to:
- Write up to 200 checks per month
- Make up to 50 deposits per month
- Deposit up to 300 checks per month
- No monthly fee if you maintain a $1,500 minimum balance
- $7.00 monthly fee if your minimum balance drops below $1,500
- Accounts will be analyzed on an individual
basis and a service charge will be applied
based on volume of activity with the account.
- Merchant accounts are given credit for
deposit balances held at the Farmers National
Bank.
- For additional information on misc.
fees, see the Rates and Fees page.
| Monthly
Maintenance handling cost of: |
$4.00 per month |
| Federal Reserve Requirement held for
business dealing |
10.00% |
| Net Uncollected balances |
12.00% APR |
| Earnings Credit Rate (ECR) on collected balance |
Average Monthly
FED FUNDS Rate - .25% |
| |
| Deposited
Items: |
| On-Us checks (Farmers National Bank checks) |
$0.035 each |
| Local Checks (in SLC Federal Reserve District) |
$0.035 each |
| Nonlocal checks (out of SLC Federal Reserve District) |
$0.075 each |
| |
| Account
Activity: |
Debit transactions
(Checks, ACH debits, ATM transactions) |
$0.10 each |
Credit transactions
(Deposits, ACH credits, payroll, etc) |
$0.20 each |
| |
| Currency
& Coin: |
| Number of rolls of Coin taken |
$0.05 per roll |
| Number of thousands of currency @.60 |
$0.60 per $1,000 |
| *If
you have further questions please feel
free to contact
your local Farmers National Bank office
or call Customer Service at 208-734-1500 |
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SMALL BUSINESS CHECKING: 
