Business Checking
Checking accounts that work for your business needs.
At Farmers & Merchants Bank, our business checking solutions provide the financial foundation your organization needs to operate efficiently and grow with confidence. Experience personalized service, secure technology, and local decision-making backed by more than a century of community banking expertise.
Business Checking Accounts
Business Advantage Checking
Business Advantage Checking Account is perfect for customers who are new or small businesses. There are no minimum balances and no maintenance fees with a low number of monthly transactions. Simple banking to meet your everyday small business needs.
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Commercial Account Analysis
Specifically for businesses that have a high volume of account activity monthly. This is an analyzed account with an Earnings Credit rate. Balances are reviewed each month to determine the earnings credit to provide the potential to reduce or offset fees.
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Community Business Account
Community Business Interest Checking is perfect for our non-profit, church, civic organizations, professional firms or sole proprietors. No minimum balances, no monthly maintenance fees while earning interest to help your organization grow!
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IOLTA
Farmers & Merchants Bank proudly offers Interest on Lawyers’ Trust Accounts (IOLTA) designed for attorneys and law firms managing client trust funds. With an IOLTA Checking account, client funds that are nominal in size or held for a short time are pooled together, and the interest earned is automatically remitted to the Maryland Legal Services Corporation to support legal aid programs.
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MAHT
Our Maryland Affordable Housing Trust (MAHT) Checking account is designed for title companies, settlement agents, and others involved in real estate transactions. Deposited funds generate interest that is sent directly to the Maryland Affordable Housing Trust, supporting the creation and preservation of affordable housing across the state.
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Compare Business Checking Accounts
| Feature | Business Advantage Checking | Commercial Account Analysis Checking | Community Business Interest Checking | IOLTA/MAHT |
|---|---|---|---|---|
| Minimum to Open | $25 | $25 | $25 | $25 |
| Monthly Fee | No fee with e-statements* | $20 plus transaction analysis | No fee with e-statements* | None |
| Earns Interest | Non-interest Bearing | Earnings credit offset service fees | Yes | Yes, tiered interest* |
| Monthly Transactions | 250 transactions* | Unlimited | 250 transactions* | Unlimited |
| Per item fee over limit | $0.25 | Analysis priced | $0.25 | None |
| E-Statements | Yes | Yes | Yes | Yes |
| Bill Pay | Yes | Yes | Yes | Yes |
| Online & Mobile Remote Deposit | Yes | Yes | Yes | Yes |
| VISA Debit or Credit Card | Yes | Yes | Yes | Yes |
* Paper statement fee is $5 per account.
*Transactions = Debits, credits, deposit tickets, deposited items, checks paid, electronic and paper.
Business Advantage Checking
Our Business Advantage Checking Account gives your business the essentials you need—without the hassle of maintaining minimum balances. Whether you’re managing everyday operations or planning for growth, this account helps you focus on what matters most—your business.
Account Highlights
- No Minimum Balance Requirement: manage cash flow your way
- Non-interest bearing: ideal for transactional business accounts
- 250 free transactions per month: low-cost access for active business customers
Perfect for small to mid-sized businesses with moderate activity, this account provides straightforward pricing, easy access through online and mobile banking, and local service from a community bank that understands your business needs.
Open your Business Advantage Checking account today—because banking for your business should be simple, transparent, and built around you.
Commercial Account Analysis Checking
A smarter checking solution for businesses with high transaction volumes and complex cash management needs.
Our Commercial Account Analysis Checking is designed for corporations, municipalities, and organizations that maintain higher balances and engage in frequent transactions. This account helps you maximize your relationship with the bank by offsetting or reducing fees through an earnings credit applied to your collected balance.
Account Highlights
- Earnings Credit Allowance: reduce or offset monthly service charges
- Detailed Monthly Analysis Statement: see exactly how your account is working for you
- No transaction limits: ideal for high-volume commercial activity
- Comprehensive Treasury Management Access: integrate ACH origination, wire transfers, Positive Pay, and Remote Deposit Capture
This account delivers flexibility, transparency, and cost-efficiency—empowering your business to manage cash flow more effectively while maintaining full control over treasury operations.
Partner with Farmers & Merchants Bank Treasury Management for a commercial checking relationship built on experience, insight, and personalized service.
Community Business Checking
Where your business and community grow together.
Our Community Business Checking Account rewards community organizations, professional firms & sole proprietors with the flexibility of everyday checking with the added benefit of earning interest on your balance. It’s the perfect fit for small businesses, nonprofits, and organizations that value both smart money management and local partnership.
Account Highlights
- Interest-bearing account: earn competitive interest on your checking balance
- No minimum balance requirement
- Flexible transaction allowance: designed for moderate monthly activity
- Free Online & Mobile Banking: manage accounts anytime, anywhere
- Local support: personalized service from your Farmers & Merchants Bank business banking team
Whether you’re running a neighborhood business, a growing nonprofit, or a professional practice, this account helps your funds work harder—while keeping your money close to home.
Grow your business with a checking account that gives back to you and your community.
IOLTA & MAHT Checking
Supporting Maryland’s legal and housing communities—one account at a time.
Our IOLTA (Interest on Lawyers’ Trust Account) and MAHT (Maryland Affordable Housing Trust) Checking Account provides a secure, compliant way for attorneys and title companies to hold client funds while helping support access to justice and affordable housing programs across Maryland.
Account Highlights
- Interest-bearing: interest is automatically remitted to MLSC or MAHT as required
- No minimum balance requirement
- No monthly maintenance fee
- Compliant with Maryland IOLTA and MAHT program rules
- Free Online & Mobile Banking access for easy account management
This account ensures full compliance with state regulations while making a positive difference in the community—supporting legal aid for those in need and expanding affordable housing opportunities across Maryland.
Partner with Farmers & Merchants Bank—where your client accounts help strengthen the communities we serve.
Shared Cash Flow Options
- Payee Positive Pay: Stop check fraud before it happens. Protect your business with Payee Positive Pay. Every check is verified for payee, amount, and number—giving you the power to stop fraud in its tracks.
- Online or Mobile Remote Deposit Capture: A fast and easy way to get your deposits to the bank without leaving your office! Utilize a desktop scanner or your mobile device to scan and transmit checks for deposit electronically.
- Automated Clearing House: Process large volumes of credit and debit transactions in batches using ACH, an electronic network for financial transactions in the United States. ACH transfers include direct deposit payroll and vendor payments.
- Wire Transfers: Securely transfer funds by wire for same-day credit and same-day settlement needs with this wire origination solution.
Ready to Get Started?
Stop by any of our branches to learn more about our current offerings and rates.