High Yield Checking Account

Ultimate High Yield Checking®


A higher interest-earning checking account with added benefits.

Ultimate High Yield Checking is for customers with larger account balances looking to earn the best interest rate on their money.

See important Account Disclosure Information below.*

Minimum Opening Deposit

  • $50

Monthly Service Charge1

  • No monthly service charge if, during that monthly statement cycle, you maintain an average daily balance of $5,000
  • $10 monthly service charge if the average daily balance is not met

Receive These Products and Services with Ultimate High Yield Checking

  • 50% off current safe deposit box pricing2
  • 1 free Cashier's Check per statement cycle
  • Initial order of checks free; subsequent orders free to accountholders 50 years and older3
  • Up to $20 refunded ATM surcharge from other financial institutions per statement cycle4
  • No F&M Bank surcharge for use of foreign ATMs

Other Benefits and Services Available5

  • Unlimited Check Writing
  • F&M Bank VISA® Debit Card or ATM Card available upon request
  • Online Bill Pay
  • Online Banking
  • Mobile Banking
  • Mobile Check Deposit
  • eStatements or Paper Statements
  • Online Check Images
  • Bank by Phone
  • E-mail Alerts
  • EZ Banking Smartphone Apps
  • No fee for use of F&M Bank ATMs
  • Overdraft Protection available

*Account Disclosure Information

1 Other fees such as non-sufficient funds, overdraft, foreign (non- F&M) ATM surcharge, etc. may apply. 2 Safe Deposit Boxes are not available at all branch locations and are subject to availability. There is a one-time $20 Safe Deposit Box key fee. 3 Free checks must be ordered through F&M Bank's check printer of choice. For all check orders, customer pays tax, shipping, and tracking charges. 4 Your account will receive a refund which will be posted at the end of your account statement cycle for a maximum of $20 for any foreign ATM fees from non-F&M Bank ATM usage within the United States posted during your monthly account statement cycle. Your refund will be forfeited if your account is closed prior to the end of the monthly statement cycle. Transactions that are conducted at or near the end of your monthly statement cycle period may not post to your account for a few business days depending upon the processing method the non-F&M Bank ATM provider uses, and thus would be eligible for a refund in the next monthly statement cycle period. In addition, foreign ATM fees will post to your account as they occur and will lower your actual available balance until they are offset by the refund that occurs on the last day of your account statement cycle. 5 Ask your banker for information on the terms and conditions of these services.

Effective 5/15/17. Refer to the Customer Agreement & Schedule of Charges, Books I & II, for additional information on account terms and fees.