Checking Account
A checking account is a great way to store your money. An account also helps you keep track of your spending: you can simply record transactions in your account register. Checking accounts are also very convenient. As mentioned previously, your paycheck can be deposited into a checking account, and you can pay bills and make purchases without cash.
We offer a variety of personal checking accounts. Some accounts may require you to keep a minimum balance at all times. If you fail to do this, you can be charged a service fee. Talking to one of our friendly Customer Service Representatives at Farmers Bank will help you evaluate the right checking account option for you.
Bill Pay is a banking service that allows you to pay your bills online. You don’t have to worry about writing checks or buying stamps. You can contact one of our friendly Customer Service Representatives at Farmers Bank at 870-763-8101 to find out more about our Bill Pay service.
A checking account may be a good way to teach children financial responsibility. Farmers Bank offers a Student Checking account for students who are 16 to 24 years of age and enrolled in at least 6 hours of classes per semester.
Yes, based on ownership, your deposit account will have coverage of at least $250,000.
Your statement will arrive monthly via electronic statement or mail depending on the type of checking account.
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee’s bank account.
Direct deposit is not required. But it is a good idea. Save yourself a trip to the bank by having your paycheck, Social Security benefit, or even interest and dividend payments automatically deposited into your account.
Gotten married or divorced? Visit one of our friendly Customer Service Representatives at any of our full-service locations, with a valid ID card or Social Security Card with your new name as well as your Marriage Certificate/License or Decree of Dissolution of Marriage. For other events, bring an official document that specifies your new name.
You may order checks by dropping off your reorder form at your nearest branch of Farmers Bank, come in to see one of our Customer Service Representatives, or order online via Deluxe.
Avoid service charges by maintaining the required minimum balance on your account. You can find the minimum balance requirements for our checking accounts in our Personal Checking section.
It’s a fee that’s assessed to an account when an item presented for payment posts against the account and the Available Balance is insufficient to cover the item.
