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Are you ready for a business emergency? Build up a solid foundation and save for major purchases with a smart savings account—your go-to fund for any business need.

Key Features

  • Competitive Interest
  • Digital Banking

Features and Benefits of a Business Savings Account

When you open a Business Savings account with F&M Bank, you can expect:

  • Build a cushion for the future
  • Competitive interest on entire balance
  • No quarterly service fee with an average daily balance of $50
  • Free quarterly statements
  • Limited to 6 free withdrawals per quarter
  • Free digital banking services
  • Debit card available
  • $50 minimum balance to open

Why Open a Business Savings Account?

Businesses of all sizes and from every industry can benefit from having a business savings account. Whatever you use it for, you can earn interest on your funds to make your money work harder for you.

Just as you should maintain an emergency fund for personal expenses, saving money for business expenses will give you a cushion for dealing with the unexpected and unpredictable.

A business savings account is also a good place to set aside money for tax payments. Protect yourself from accidentally spending the money you need for quarterly or annual business tax payments. Ask your accountant how much money you should be setting aside for taxes.

Finally, you may want to save up for a new project, renovation, expansion, or piece of equipment to purchase with cash instead of applying for a business loan. You can set up auto transfers between your business checking and savings accounts to help you reach your goal.

Digital Banking For Businesses

You’re busy running your business. Let us help you make banking easier with online banking from anywhere. Check your account balance, transfer funds, setup account alerts, view check images, download statements to your accounting software, and more. With Online Bill Pay, you can streamline your accounting by scheduling payments in advance and storing all your payee information in one place. And, with our Mobile Banking app, you can do all of this with a mobile device, plus easily deposit checks with mobile deposit.

Open A Business Savings Account!

To learn more about our business banking products and services, visit your nearest branch location in Edmond, Yukon, Guthrie, Kingfisher, Piedmont, or Crescent, OK. You can also complete our Business Information form online and one of our representatives will contact you shortly to complete the process.