FRAUD MESSAGE May 6, 2011 - Due to a recent increase in fraudulent transactions on Visa check cards, we have issued a notice to our customers.Click Here to read the alert.
Visa Check Card - Convenient Shopping
Bank and shop worldwide with a VISA Check Card. The VISA Check Card makes banking more convenient—anytime and anywhere. The Farmers & Merchants Bank VISA Check Card is all you need to simplify your finances, every day. Wherever you go, the Farmers & Merchants Bank VISA Check Card provides worldwide purchasing power and instant access to your F&M checking and savings accounts. Whenever you make a purchase, that amount will be automatically deducted from your checking account. You’ll get a receipt, and your monthly checking account statement will clearly list all transactions. You can use your Check Card anywhere VISA is accepted, including ATM locations worldwide.
Use your Check Card anywhere VISA is accepted
Just like a credit card, you will receive a printed sales slip to sign, and that’s it! Your PIN is not necessary when you use your check card for a VISA purchase. When you use your Check Card like a VISA at any merchant, there is no extra fee or finance charge for your transaction assessed by Farmers & Merchants Bank. You pay only the cost of the purchase (international transactions may be assessed a fee by other networks). The merchant doesn’t accept checks? No problem! Use your VISA Check Card!
The Farmers & Merchants Bank VISA Check Card offers a number of benefits:
- No annual fees
- No transaction fees
- Use your card at Farmers & Merchants ATM’s to make deposits, withdrawals, balance inquiries on your Farmers & Merchants Bank accounts, transfer funds between your F&M accounts
- Withdraw up to $305 per day at ATM’s, and make purchases up to $500 per day at any place your see the VISA logo.
- Safer than carrying cash. If your card is lost or stolen, your responsibility is limited to $50*.
- Through Farmers & Merchants NetTeller online banking you have the ability to review account transactions with the click of a mouse.
- Make purchases day or night around the clock, seven days a week at over 22 million Visa merchants.
- Withdraw funds at over 705,000 ATMs worldwide
How To Apply
It's easy to get a Farmers & Merchants VISA Check Card. Just visit your local branch and set up a Farmers & Merchants Bank Checking or Savings Account. If you already have an account, the VISA Check Card or ATM Card can be added easily. Simply talk to a Farmers & Merchants Bank branch representative to apply. Your card will be mailed to you within several days.
Lost Card - What to do
If your VISA check card is lost or stolen, we want to know right away. The card will be de-activated so no one else can use it. This notification is a requirement for you to avoid liablity* for unauthorized use.
- During regular banking hours, call any branch of our bank, or the Operations area in Timberville: 1-540-896-8941
- After regular banking hours, call the Hot Card Center (toll free) at 1-866-546-8273
*Liability for unauthorized transactions: If you believe that your ATM or VISA Check Card or PIN has been lost or stolen or money is missing from your account, and your contact Farmers & Merchants Bank within two business days, you shall lose no more than $50.00. However, if you do not tell Farmers & Merchants Bank within two business days after you learn of the loss, theft, or misuse, and it can be proven that Farmers & Merchants Bank could have stopped the loss, theft, or misuse from occurring, you could lose as much as $500.00. If you give your ATM or VISA Check Card and PIN to someone else to use you are responsible for any use of the card by that person.
Overdrafts On Card Transactions - Opt In Form
Is Your Check Card Covered for Overdrafts? You have a choice to make about how to manage your overdraft coverage
Currently your checking account is covered by our standard overdraft procedures. That means that we may authorize and pay ATM and everyday Check Card transactions, even though you do not have enough money in your account to cover the transaction.
Beginning August 15, 2010, new regulations imposed by Congress will require us to decline these transactions unless you “opt-in” to our courtesy overdraft service. We offer this service as a safety net for our customers and we charge our customary overdraft fee of $35.00 for the service.
If you wish to authorize us to continue paying your ATM and Check Card transactions caused by unforeseen emergencies, etc., even when they cause an overdraft to your account, you may do so by clicking HERE to fill out the opt-in form.
If you have peviously opted out and wish to authorize us to continue paying your ATM and Check Card transactions caused by unforeseen emergencies, etc., even when they cause an overdraft to your account, you may do so by clicking HERE to fill out the opt-in form.