Business Banking…
Commercial Checking:

Minimum balance of $1,000.00 without service charge. If balance falls below $1,000.00 in any month then there is a $20.00 charge.

• No Service Charge for Non-Profit Organizations
• Night Deposit Services available for your convenience
• Merchant Card Services available
• Large selection of business check styles
• Statements available on CD, online, etc…
• Check images are available through Online Banking

Sweep Accounts:
 

Sweep Accounts are available through SEI Investments which allows business checking with large balances to link their depository account with Investment Accounts. A portion of the account balance is swept and used to purchase Money Market Mutual Funds. The portion invested in Money Market Funds is not FDIC insured. The amount below the target balance that is not swept is FDIC insured.

• Minimum Balance to be eligible for Sweep - $75,000
• Target Balance $25,000 above which funds are swept

Also Available:

             Commercial Credit Card Applications, Savings, Certificates.

Your Customer Service Representative will be glad to answer any questions.

Ask for our Rate Sheet Today!

Contact us at deposits@thefarmersbankva.com