deposit services

regular savings
Minimum opening balance - $50 ($10 for minors)
Average balance required to avoid service charges - $50 ($10 for minors) - $1 per month charge will be assessed quarterly (except for minors)
Interest Rate and Annual Percentage Yield (APY) - See Interest Rates
Interest Computation Method - Daily Balance*
Interest will be compounded - Daily
Interest credited - Quarterly
Statement Period - Quarterly

Your interest rate and annual percentage yield is subject to change.
Transaction Limitations: A $1 fee will be charged for each withdrawal in excess of 9 per quarter.
If closed before 90 days a $5 fee will be assessed.
*The Daily Balance is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

christmas club account
Minimum to Open - Coupon books are available with the following initial deposits; $1, $2, $3, $5, $10, and $20

Transaction Limitations: Coupon books are provided for 50 weekly payments. A check will be mailed at the end of the plan year and the account will automatically close (except in the case of deposits being made by automatic transfer).
No periodic withdrawals may be made during the plan year without closing the account.
To close an account, a $5 penalty will be imposed with no interest paid.
The interest rate and annual percentage yield may change with each new calendar Christmas Club year.

Farmers-Merchants Bank of Illinois Disclosures

Photographs by Larry Kanfer Photography,