Find an updated list of Farmer & Merchants State Bank promotions, bonuses, and offers here.
Currently, they have a $250 bonus when you open a checking account and meet all the requirements.
About Farmer & Merchants State Bank Promotions
For over 100 years, Farmers & Merchants State Bank has been serving the Indiana and Ohio communities to help them meet their financial needs. Additionally, they have over 30 branches available for you to use.
I’ll review the Farmers & Merchants State Bank Promotions below.
Farmer & Merchants State Bank $250 Checking Bonus
Farmer & Merchants State Bank is offering a $250 bonus when you open a new checking account.
- What you’ll get: $250 bonus
- Account Type: Checking
- Availability: IN, OH (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Yes, $1,000+ with Visa/Mastercard
- Direct Deposit Requirement: None
- Monthly Fee: $0-$5; waivable
- Household Limit: None listed
- Closing Account Fee: None listed
(Limited time offer)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a new personal checking account.
- Just fulfill the following requirement within the first 90 days of account opening; Establish one Direct Deposit or automatic payment (ACH) which posts and settles to the account.
- The account opening bonus will be deposited into your new Retail Account within 30 days after having met the requirement.
- Use Promo Code: BONUS250
- $250 Offer – You may be eligible for a $250 account opening bonus if you open a new Retail Checking Account.
- Just fulfill the following requirement within the first 90 days of account opening; Establish one Direct Deposit or automatic payment (ACH) which posts and settles to the account.
- The account opening bonus will be deposited into your new Retail Account within 30 days after having met the requirement.
- The account opening bonus will be treated as interest for IRS (Form 1099-INT) reporting purposes.
- No minimum balance is required to obtain this bonus.
- A minimum deposit may be required to open a new retail account.
- The Dream Builder Account is not included in this promotion.
- Offer is not available to existing F&M checking account customers or those with an F&M checking account closed within the last six months.
- Offer limited to one account per household and one account opening bonus per account per calendar year.
- If you close your new account within 180 days of account opening, the account opening bonus will be forfeited and it will be deducted from the account balance at closing.
- An account opening bonus will not be paid if an accountholder switches to another account from the original account that offered an account opening bonus.
- F&M employees and their immediate family members residing in the same household are not eligible for the account opening bonus.
- Account specific requirements may apply based on the account opened but would not affect the eligibility of receiving the bonus.
- Limited Time Offer
Farmer & Merchants State Bank $300 Checking Bonus (Expired)
Farmer & Merchants State Bank is offering a $300 bonus when you open a new checking account.
- What you’ll get: $300 bonus
- Account Type: Checking
- Availability: IN, OH (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Yes, $1,000+ with Visa/Mastercard
- Direct Deposit Requirement: None
- Monthly Fee: $0-$5; waivable
- Household Limit: None listed
- Closing Account Fee: None listed
(Limited time offer)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a new personal checking account to score a $300 bonus.
- Use promo code BG365
- Score $300 Offer – You may be eligible for a $300 account opening bonus if you open a new Personal Checking Account.
- The account opening bonus will be treated as interest for IRS (Form 1099-INT) reporting purposes.
- No minimum balance is required to obtain this bonus.
- A minimum deposit may be required to open a Personal Checking Account.
- Offer is not available to existing F&M checking account customers or those with an F&M checking account closed within the last six months.
- Offer limited to one account per household and one account opening bonus per account per calendar year.
- If you close your new Checking Account within 180 days of account opening, the account opening bonus will be forfeited and it will be deducted from the account balance at closing.
- F&M employees and their immediate family members residing in the same household are not eligible for the account opening bonus.
- Account specific requirements may apply based on the account opened but would not affect the eligibility for receiving the bonus.
- Health Savings Accounts are not included in this promotion.
- Limited time offer.
- Member FDIC
Farmer & Merchants State Bank $100 Checking Bonus (Expired)
Earn a $100 bonus with Farmers & Merchant Banks!
Farmer & Merchants State Bank is offering a $100 bonus when you open a new Smart 25 Checking account.
- What you’ll get: $100 bonus
- Account Type: Smart 25 Checking
- Availability: IN, OH (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Opening Deposit: $50
- Credit Card Funding: Yes, $1,000+ with Visa/Mastercard
- Direct Deposit Requirement: None
- Monthly Fee: There are no monthly service fees
- Household Limit: None listed
- Closing Account Fee: None listed
(Limited time offer)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- $100 account opening bonus will be paid on this account within 90 days of account opening if 8 Point-of-Sale (POS) purchases have posted and settled the account
- Designed for students and young adults age 25 and younger
- Primary account holder must be at least 17 years of age
- Debit Card must be establish at account opening
- Nationwide ATM fees will be refunded up to $10.00 each monthly statement cycle
- Online Statements available each monthly statement cycle
- This account converts to a Pure Checking Account, or comparable account offered, at the end of the calendar year that account holder reaches Age 25
- Account subject to approval.
- New account bonus payments will be reported on 1099-INT
How To Avoid Monthly Fees
- Dream Builder Checking: None listed
- Smart Checking: No monthly fees
- Loyalty Rewards Checking: $5 monthly fee waived with eStatment and if any 1 of the qualifiers are met
- 20 POS Debit Card Transactions per monthly statement cycle. (Must post and settle)
- A Direct Deposit (credit) or ACH Payment (debit) of $500 or more per monthly statement cycle
- Combined Personal (Non-Business, Non-Ag) Deposit & Loan Relationship of $25,000 or more
- Bucks Back Checking: $5 monthly fee waived when qualifers are met
- 20 POS Debit Card Transactions per monthly statement cycle (PIN or Signature). *Must post and settle
- Enrolled in eStatements
- Secure Checking: $4.95 monthly fee
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Bottom Line
Lastly, this Farmer & Merchants State Bank is great because it doesn’t have any monthly service fees so your money stays with you. Furthermore, this account is aimed towards young people, so be sure you qualify before you open one.
However, if you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
Additionally, they have a generous bonus, Farmer & Merchants State Bank doesn’t have great rates for CDs and Savings. Comparatively, you may want to check out our full list of Bank Rates and CD Rates.
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*Check back at this page for updated Farmer & Merchants State Bank promotions, bonuses, and offers.
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