|
Credit Club Membership |
|
Becoming a "Credit Club Member" has its advantages. Take a look and see. |
|
|
Requirements to become a "Credit Club Member": |
| • |
Direct Deposit of your payroll/income/pension into an account at our bank |
| • |
Automatic Funds Transfer from an account at our bank to a loan at our bank in order to receive additional loan discounts (all loans subject to credit approval). |
|
|
Benefits: |
| • |
One Regular Checking account with no minimum balance monthly service charge |
| • |
First order of standard checks are free for your Regular Checking account |
| • |
Enrollment in the VISA Check Card Program (after 30 days for new bank customers) |
| • |
Upon request, a rent free 2x5 Safe Deposit Box (subject to availability) |
| • |
All fees will be waived for American Express Travelers Cheques, Money Orders (limit 5 per month), and Cashier's Checks (limit 5 per month) |
| • |
Free transfers between accounts at our bank including the Sweep option |
| • |
Loan Discounts as follows: |
|
Home Equity Line of Credit: .25% discount for being a member and an additional .25% discount for automatic payment from another account. Total advantage: .50% |
|
Home Mortgages: .125% discount for being a member and an additional .125% discount for automatic payment from another account. Total advantage: .25% |
|
Car Loans: .25% discount for being a member and an additional .25% discount for automatic payment from another account. Total advantage: .50% |
|
Small Personal Loans: Why pay 18% for loans $1,000 and under? As a member, we'll reduce the rate to 14%. Total advantage: 4.00% |
|
|
As you can see, the advantage is yours. If you think the Farmers and Merchants Bank Credit Club is for you, feel free to e-mail, call, or stop in at any of our convenient locations and ask to speak with a CSR. |
