Choosing the free E-Option for your Performance Checking Account gives you the
convenience of viewing your monthly statements online without the hassle of sorting
through paper statements in the mail. You also earn a higher interest rate by
choosing E-Option on every dollar you deposit.
Your Performance Checking Account comes equipped with a FREE Visa Check Card
to have universal access to your funds. Purchases can be made anywhere Visa
is accepted. It works like a credit card except that funds are automatically
removed from your account when the card is used. It can be also be used to withdraw
funds from more than 300,000 ATM machines worldwide. Performance Checking offers
free unlimited use of your Cash & Check card.
How to activate your Farm Bureau Bank Debit card - with 3 Easy Steps
1) To ensure security, you must call 1-800-492-3276 (7am to
7 pm CST) and a Personal Banker can activate your card.
2) You will be instructed go to an ATM (with a Plus/Interlink
Logo) and establish your 4-digit Personal Identification Number.
3) Your card will be available to use the following morning.
Farm Bureau Bank Performance Checking Account offers free unlimited check writing
access and your first order of checks is free.
Farm Bureau Bank Performance Checking Accounts are interest-earning accounts.
Our competitive rates are tiered to reward higher balances. Click here for rates.
You can access your accounts online 24 hours a day if you register for our free
Internet Banking. View your account activity and statements online anytime.
Click here for registration
and more information.
You can pay your bills online for free with our Online Bill Pay service. With
a Farm Bureau Bank Performance Checking Account, you have unlimited Bill Pay
access and transactions. No more writing checks and wasting stamps.
Performance Checking offers free, unlimited Direct Deposit transactions. Have
funds deposited electronically to your account without the hassle of mailing
in a check. Most employers and government agencies are equipped to directly
deposit funds into your account. You can also arrange for funds to be directly
deposited into your Performance Checking Account from your other accounts. All
it requires is the ABA routing number, which is found on the bottom of every
check.
You can set up Overdraft Protection for your Performance Checking Account as
a precaution from overdraft fees and vendor fees with either a Farm Bureau Bank
Credit Card or a Farm Bureau Bank Money
Market Savings Account.
Rate Information- The interest rates and annual
percentage yields for all Farm Bureau Bank deposit accounts are determined at
the discretion of the Bank. The interest rates and annual percentage yields
may change at any time. The interest rate for your account will be based
on the following daily balance tiers:
Performance Checking
< $2,500
$2,500-$9,999
> $10,000
If you select the E-Option for your transaction account, you will
earn interest on all balances at a rate above the standard rate for the selected
account type. If you select the E-Option, you will not receive monthly
statements via mail unless the Bank is required by applicable law to provide
such statements. Transaction history will be made available through the
Internet at www.farmbureaubank.com.
| Crediting Frequency |
Interest will be credited monthly. |
| Compounding Frequency |
Interest will be compounded daily. |
| Daily Balance Computation Method |
Interest is calculated by the daily balance method which applies a daily
periodic rate to the balance in the account each day. |
| Minimum Balance to Open |
The minimum balance to open a Performance Checking account is $100.00. |
| Accrual of Interest on Noncash Deposits |
Interest will begin to accrue on the business day you deposit noncash items
(e.g., checks) into your account. |
| Effects of Closing an Account |
If you close a transaction account within 90 days from the original account
opening date, a fee will be assessed. If you close your account by check
before interest is paid, you will not receive the accrued interest. |
| 
Equal Housing Lender. Farm Bureau Bank is an Equal Opportunity Employer.