F&M Bank College Checking Reviews (Jan. 2021) | Checking Accounts

Highlights
Monthly Fee	$0 - $5
ATM Fee: Out-of-Network	$0
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	N/A

F&M Bank College Checking Review

F&M Bank College Checking is offered by F&M Bank, a bank founded in 1907 and based in Long Beach, CA. F&M Bank College Checking is available in 1 state across the USA.

Key Takeaways

Charges a monthly fee. This account charges a monthly maintenance fee of up to $5.
$25 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
No ATM fees. F&M Bank College Checking does not charge fees on ATM transactions.
ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
Free bill pay. Pay your bills to practically anyone in the United States through F&M Bank.
Hard credit pull. F&M Bank may require a hard pull on your credit report to open a checking account.

F&M Bank College Checking Pros & Cons

Pros	Cons
Access to physical branches. Free debit card	No signup bonus. Does not earn interest. Only available in one state. Higher than average wire transfer fees. Monthly service charge (if minimums are not met).

F&M Bank College Checking FAQ

Are checking accounts from F&M Bank federally insured?

Yes, your F&M Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does F&M Bank College Checking offer?

F&M Bank College Checking is not an interest bearing account.

What are the account minimums for F&M Bank College Checking?

F&M Bank College Checking requires a minimum initial deposit of $25 to open an account.

F&M Bank College Checking Account Minimums
Description	Amount
Minimum Initial Deposit	$25
Minimum Direct Deposit to Avoid Monthly Fee	$250

What fees does F&M Bank College Checking charge?

This account charges a monthly maintenance fee of up to $5.

F&M Bank College Checking Fees
Description
Monthly Fee	$0 - $5
Paper Statement Fee	$3
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	$0
NSF Fee	$30
Overdraft Protection Fee (per transfer)	N/A
Overdraft Item Fee	$30
Early Account Closure	$20
Returned Deposit Fee (Domestic)	$30
Debit Card Replacement Fee	N/A
Bank Teller Fee	$0
Check Cashing Fee	N/A
Online Bill Pay Fee	$0
Stop Payment Fee	$30
Check Image Service	N/A
Check Copy	N/A
Foreign Transaction Fee (Debit Card)	3%
Wire Transfer Fee - Domestic (Outgoing)	$30
Wire Transfer Fee - International (Outgoing)	$60
Wire Transfer Fee - International (Incoming)	$10
Returned Deposit Fee (International)	N/A
Wire Transfer Fee - Domestic (Incoming)	$10
ATM Reimbursement Monthly Limit	N/A

What features and perks does F&M Bank College Checking offer?

This account includes the following features:

ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
Fraud monitoring - F&M Bank College Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - F&M Bank College Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
Nationwide ATM network - Conveniently transact at a nearby ATM.

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