Fees, Rules and Regulations

Service Fees
Rules & Regulations
Funds Availability

Service Fees

ACH Origination
	Per Item		Variable
ATM Card
	Checking Account	Monthly Fee	N/C
	Savings Account	Monthly Fee	N/C
ATM/CheckCard
	Checking Account (except Visa Payroll)		N/C
	Visa Payroll Account	Monthly Fee	$1.00
	Replacement Card		$5.00
Cashier's Check
			$3.00
Check Cashing
	Customer		N/C
	Non-Customer		Variable
Check Printing
			Variable
Coin and Currency Deposits**
	Coin - Loose	Per $1,000	$.50
	Coin - Bagged	Per Bag	$2.50
	Currency	Per Strap	$.40
Coin and Currency Orders**
	Coin - Wrapped	Per Wrap	$.10
	Coin - Boxed	Per Box	$5.00
	Currency	Per Strap	$.40
Collection Items
	Domestic		$10.00
	International		$15.00
	Documentary		$50.00
Daily Balance Reporting
	Monthly Fee		$25.00
Deposit Bags
	Locked - Large		$25.00
	Locked - Small		$20.00
	Zipper		$5.00
Dormant Account
	Monthly Fee		$6.00
Garnishing Processing
			$25.00
International Remittance Draft
			$20.00
Investment Services
	Purchase or Sale of Asset per Customer	Per Item	$35.00
	Safekeeping Receipt per Item	Monthly Fee	$1.50
Letters of Credit
			Variable
Lockbox**
	Monthly Minimum Applies		Variable
Medallion Signature
			$2.00
Mortgage Verification of Deposit
			$10.00
Non-Sufficient Funds (NSF) Items
	Paid	Per Item	$30.00
	Returned	Per Item	$30.00
Notary
			$1.00
Overdraft Transfer Fee*
			$5.00
Photocopy
	Per Item		$1.00
Postdated Order
	Per Item		$25.00
Reconciliation Disk
	Per Item	$50.00 Minimum	$.025
Research & Account Reconciliations
	Per Hour	$5.00 Minimum	$20.00
Returned Deposited Item
	Charged Back	Per Item	$5.00
	Reprocessed	Per Item	$5.00
Safe Deposit Boxes†
	2" x 5" x 22"	Annually	$15.00
	3" x 5" x 22"	Annually	$20.00
	5" x 5" x 22"	Annually	$30.00
	3" x 10" x 22"	Annually	$45.00
	5" x 10" x 22"	Annually	$60.00
	10" x 10" x 22"	Annually	$90.00
	5" x 15" x 22"	Annually	$90.00
	13" x 21" x 22"	Annually	$275.00
	26" x 21" x 22"	Annually	$375.00
	39" x 21" x 22"	Annually	$500.00
	Key Deposit	2 keys	$10.00
	Safe Deposit Box Drilling	Lost Key/Non-Payment	$150.00
†Not all sizes are available at all locations.  Please call for availability.  The contents of a safe deposit box are not FDIC-insured.
Safe Deposit Box Drilling
	Non-Payment		$200.00
	Lost Key		$100.00
Safety-Net Overdraft Protection*
	Set-Up Fee		$25.00
Special Statement
			$5.00
Stop Payment
	Per Item		$25.00
Telephone Transfer
	Per Item		$3.00
Travelers Cheques
	Single	Per $100	$1.00
	For Two	Per $100	$1.50
Undeliverable Statement Fee□
			$15.00
□One-time charge upon return of second undeliverable statement.
Wire Transfers - Incoming
	Domestic		$8.00
	International		$8.00
Wire Transfers - Outgoing
	Domestic - Electronic		$8.00
	Domestic		$12.00
	International		$35.00
Zero Balance Account
	Monthly Fee		$25.00
	Activity Fees		Variable
*Service and fee apply to consumer accounts only **Service and fee apply to commercial accounts only A fee of $7.00 will be charged for each 7-day period that a consumer or unanalyzed commercial account is overdrawn, over $50, while it remains open. An annualized interest rate of 3% over Wall Street Journal Prime with a floor rate of 7% will be charged on all negative collected balances on all analyzed commercial accounts. Unless otherwise noted, The F&M Bank & Trust Company ("F&M Bank") does not provide the aforementioned services to non-customers. Service fees are subject to change at the sole discretion of F&M Bank.

Rules and Regulations
Subject to modification by F&M Bank
All accounts shall be subject to the provisions of the signature cards, on which each depositor shall file his or her signature, together with the rules and regulations (including service charges, fees and interest rates payable) which may be amended, altered, modified, revoked or added to any time without prior notice to depositors. F&M Bank reserves the right to require seven (7) days prior notice of withdrawal on all savings and money market accounts. (The rules and regulations shall be regularly available at F&M Bank's offices during normal business hours.)

Interest
The interest rate is based upon current market conditions and money market funds rates. At our discretion, we may change the interest rate and annual percentage yield (APY) on your account at any time. We use the daily collected balance method to calculate interest on your account. This method applies a daily periodic rate to the collected principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (e.g. checks). Accrued interest will not be paid when you close your account or when it has a zero balance before that interest has been credited to the account. Current rate information is available in the lobbies or you may call us for rate information.

Endorsement Rules
You are responsible for, assume all liability, and waive any and all claims and damages against The F&M Bank & Trust Company. (1) For delayed or missent checks in the event the delay or missending is caused by markings placed on the check by you, your agent or representative that obscures a properly placed endorsement of a depository bank. (2) For late return of deposited checks where the lateness is caused by markings on the checks by you or by a prior endorser in the area of The F&M Bank & Trust Company endorsement.

Postdated Checks
F&M Bank will not be liable to you for damages arising from the premature payment of a postdated check, unless you have provided F&M Bank with notice of the postdating describing the check with reasonable certainty. In order for the notice to be effective, it must be received at such time and in such manner as to afford F&M Bank a reasonable opportunity to act on it before taking action with respect to the check.

Overdrafts
If your account does not contain sufficient collected funds when an item is presented for payment, we have no obligation to pay an item and may at our option pay or reject it and charge you a fee. Returned deposited items may also create an overdraft to your account for which we will charge you a fee. When there are insufficient funds to pay all items presented for payment on a given day, F&M Bank may pay one or more items in any order in its sole discretion. We may pay items cashed by F&M Bank and ATM transactions first and pay all other items in order of highest dollar amount to lowest dollar amount. F&M Bank may return any dishonored items in any order we deem appropriate. We may change our procedures for establishing the order of payments and return of items at any time without notice to you.

Definitions
Calendar Quarter - A three-month interval ending March 31, June 30, September 30 and December 31.
Collected Balance - Derived after all transactions have been posted to your account, but includes only those funds which actually have been collected by us.
Dormant Account - A dormant account is defined as any account without activity initiated by the customer and the customer's current address is unknown by F&M Bank for one year.
Ledger Balance - Derived after all transactions have been posted to your account, regardless of whether the funds you deposited actually have been collected by us.
Reserve Requirement - The percent of a bank's deposits that it must maintain with the Federal Reserve Bank and subject to change at the Federal Reserve Bank's discretion.

Funds Availability
Your ability to withdraw funds
Our general policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written.

For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 6:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 6:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

Even when we have already made funds available for withdrawal, you are responsible for any problem with the deposit, such as the return of a deposited check.

Rules for outgoing wire transfers, investments, loan payments and on-line computer services
Your check deposits generally will be made available within two business days after the day of deposit for purposes of outgoing wire transfers, investment activities, F&M Bank loan payments and certain computer initiated transactions (please refer to your On-Line Computer Services agreements).

Holds on other funds
If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Likewise, if we accept for deposit a check that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately, but delay your ability to withdraw a corresponding amount of funds that you have on deposit in another account with F&M Bank. In either case, these funds will be available in accordance with our policy described in this disclosure for the type of check which was cashed or deposited.

Deposits at Automated Teller Machines (ATM)
Funds from any deposits (cash or checks) made at automated teller machines we do not own or operate will not be available until the fifth business day after the day of your deposit.  This rule does not apply at ATMs that we own or operate.  A list of our ATMs follows: