Promotions and bonus offers from Farmers & Merchants Bank of California can be found updated here. Typical offers range from $200 to $500.
Farmers & Merchants Bank was established in 1907 and is headquartered in Long Beach, California. They have 25 locations throughout the state.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
Compare their rates with the nation’s best at these pages:
Farmers & Merchants Bank Promotions Review Below
[Expired] Farmers & Merchants Bank $500 Business Checking Offer
- What you’ll get: $500 bonus
- Where it’s available: CA
- How to earn it:
- Open a new Business Checking Account
- Maintain an Average Daily Balance of at least $25,000 for 150 days beginning the first day of the month immediately following the month you opened the Business Checking Account.
- Sign up for 4 of the following business products and services by the end of the 150 days beginning the first day of the month immediately following the month you opened the account.
- When it expires: 12/31/2019
How To Earn The Bonus
- Open a new Business Checking Account
- Maintain an Average Daily Balance of at least $25,000 for 150 days beginning the first day of the month immediately following the month you opened the Business Checking Account.
- Sign up for 4 of the following business products and services by the end of the 150 days beginning the first day of the month immediately following the month you opened the account.
Business products include:
- Remote Deposit Capture
- Merchant Services
- Courier Services
- Electronic Lockbox
- Business Online and Mobile Banking
- eStatements & eNotices
- Bill Pay
- ACH
- Business Credit Card
- Business Market Rate Savings
- Business Market Rate Money Market
- CD
- Additional Business Checking Account
Waive the $20 monthly fee by keeping a $5,000 minimum balance.
- The $500 Business offer is not available to existing clients or anyone who has had the mentioned products and/or services within the past 180 days.
- F&M Bank employees and their family members are not eligible.
- After you have completed all of the above requirements, F&M Bank will deposit $500 into your Business Checking Account during the quarter immediately following the end of the 150-day period during which you must maintain an Average Daily Balance of at least $25,000 and have signed up for the 4 additional business products and services.
- “Business Bonus” will appear on the monthly checking account statement when the reward is credited to your Business Checking Account.
- This promotion is only applicable once per client.
- Cashback promotions are considered interest and will be reported on IRS Form 1099-INT.
- Any applicable taxes are the responsibility of the recipient.
Bottom Line
Nice value bonus for those in California near a branch. The deposit requirement is a big chunk of change but the 4 products/services requirement should be fairly easy. Compare this offer with the best bank offers here.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
