FM Bank

Headquarters: Waseca, Minnesota
Charter: Bank
Assets: $738.4M
Fed district: Minneapolis
Regulator: FDIC
Holding company: Independent Bancshares Inc.

20 published fees; none has a market median to compare yet.

Source: its fee schedule, read Oct 13, 2026.

Overview

Total assets
Q2 2026, quarter end
FDIC call report data · Jun 30, 2026
Revenue
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge income
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Oct 13, 2026

How these figures are measured

Call-report figures are for FM Bank at the bank level, not its holding company. Revenue is net interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	FDIC BankFind Suite (call report data) ASSET	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Revenue	Revenue (net interest + noninterest income) One quarter, as reported	FDIC BankFind Suite (call report data) NIMQ + NONIIQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge income	Service charges on deposit accounts One quarter, as reported	FDIC BankFind Suite (call report data) ISERCHGQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge share of revenue	Service charges on deposit accounts divided by revenue (net interest + noninterest income) Shown when at least 10 banks of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	FM Bank's published fee schedule; Bank Fee Index medians	Current schedule	Oct 13, 2026

Service-charge income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: FDIC BankFind Suite (call report data)
Entity: FM Bank (bank level, not the holding company)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

What stands out

Service-charge income was $46K in Q2 2026, about level with the same quarter a year earlier ($46K).
Not established: Two quarters a year apart are two observations, not an established trend in service-charge income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Monthly Maintenance
FM Advantage Checking
FM Bank: $7.50
FM Bank: $7.50
U.S. median: no median
Overdraft (OD)
FM Bank: $30
FM Bank: $30
U.S. median: no median
Non-Network ATM
FM Bank: $1
FM Bank: $1
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Oct 13, 2026View sources

Each amount links to the fee schedule it was read from. Medians for Minnesota, the Minneapolis district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
Minnesota: Banks and credit unions headquartered in Minnesota that publish the fee.
Minneapolis district: Banks and credit unions headquartered in the Minneapolis Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Service-charge income rose 7.0% from Q3 2025 to Q2 2026, to $46K.

Service-charge income, Q2 2026

$46K

$43KQ3 2025

$45KQ4 2025

$47KQ1 2026

$46KQ2 2026

Against the median

FM BankMedian

Sources and open questions

FDIC call reports, bank level, standalone quarters. Four quarters are too few to call a trend.

Do business accounts and account analysis fees make up more of service charges than at peers?

Among its peers

FM Bank · $738M in assets

The 25 banks closest in assets

Banks of similar size, for comparing published prices. Not local competitors: they're spread over 16 states.

Banks only
$718M to $755M in assets
Headquartered in 16 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
FM Bank(this institution)	Waseca, MN	$738M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Albany Bank and Trust Company National Association	Chicago, IL	$722M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	Publishes International wire	Overdraft not published
Artisans' Bank	Wilmington, DE	$718M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Bank of Luxemburg	Luxemburg, WI	$723M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Bank of Prairie du Sac	Prairie du Sac, WI	$745M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Chippewa Valley Bank	Hayward, WI	$736M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Clinton Savings Bank	Clinton, MA	$745M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Countybank	Greenwood, SC	$733M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
First Bank	Waverly, IA	$740M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
First Midwest Bank of the Ozarks	Poplar Bluff, MO	$733M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
First National Community Bank	Chatsworth, GA	$755M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
First Neighbor Bank, National Association	Toledo, IL	$736M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
Hickory Point Bank and Trust	Decatur, IL	$718M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
HomeBank	Palmyra, MO	$733M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Kleberg Bank, N.A.	Kingsville, TX	$737M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Lake Shore Bank	Dunkirk, NY	$736M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Lea County State Bank	Hobbs, NM	$738M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Manufacturers Bank & Trust Company	Forest City, IA	$738M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Northwestern Bank	Chippewa Falls, WI	$726M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Peoples Community Bank	Greenville, MO	$735M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
The Eastern Colorado Bank	Cheyenne Wells, CO	$721M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
The First National Bank of Sonora	Sonora, TX	$722M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
The Malvern National Bank	Malvern, AR	$728M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
The National Capital Bank of Washington	Washington, DC	$742M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Union State Bank	Arkansas City, KS	$719M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	Publishes International wire	Publishes Overdraft
United Valley Bank	Cavalier, ND	$752M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft

✓ publishes the fee. – not published.

25 peers selected · 18 publish this fee(monthly maintenance)

7 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Monthly maintenance is $0.25 (3.4%) above the median of similar-sized banks.

Its published price is $7.50, against a peer median of $7.25 among 18 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Nov 2, 2026.

Monthly maintenance fee in dollars, one mark per institution

FM BankPeer (equal prices stack)Peer median

Against this institution's monthly maintenance fee

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Nov 2, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for FM Bank (bank level, not the holding company). Income lines are standalone quarters.

Measure

Service-charge income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $46K
vs prior quarter: −$1K−2.1%; from Q1 2026
vs a year earlier: $00.0%; from Q2 2025
vs start of range: −$9K−16.4%; from Q3 2024

Details

Source: FDIC BankFind Suite (call report data)
Entity: FM Bank (bank level, not the holding company)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$46K	−$1K	−2.1%
Q1 2026	$47K	+$2K	+4.4%
Q4 2025	$45K	+$2K	+4.7%
Q3 2025	$43K	−$3K	−6.5%
Q2 2025	$46K	−$1K	−2.1%
Q1 2025	$47K	+$2K	+4.4%
Q4 2024	$45K	−$10K	−18.2%
Q3 2024	$55K	+$8K	+17.0%

Service-charge share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from FM Bank’s own schedules, with a source for each figure.

Account Maintenance

FM Advantage Checking Monthly service charge$7.50
per month
Checking - After 1 Year Inactivity$5
per month
Money Market - After 2 Years Inactivity$5
per month
Savings - After 2 Years Inactivity$5
per month
Paper Statement Fee$5
per month

Overdraft & NSF

Overdraft Fee$30
per item

ATM & Card

Foreign ATM Fee$1
per item
Replacement Debit Card Fee$10
Expedited Debit Card Fee$30

Wire Transfers

Wire Transfer (Domestic Out)$30
Wire Transfer (Domestic In)$15
International outgoing Wire$50
International incoming wire$25

Check Services

Cashier's Check or Bank Money Order$6
Personal Money Order$4
Incomplete Information Stop Payment Fee$40
Lost Checkbook Stop Payment FEE$40
Stop Payment Fee$30
per item
Counter Check$0.50
per item
Check Cashing (Non-Customer)No charge
Copy of Cancelled Check$2
per item

Digital & Electronic

Bill Payment$9.95
Not compared: Per-item charge, not monthly
per item

Account Services

Notary ServiceNo charge
1 Lost Key$250
Not compared: Box drilling or key fee
Safe Deposit Box$150
Garnishments & Levies$50

Gift & Prepaid Cards

Gift Card$3
per item

Other Fees

Copy of Past Statement$5
Not compared: Charged per statement; comparison unavailable
per statement · Copy of Past Statement $5 / Statement
Fax Machine Use$1
Not compared: Charged per page; comparison unavailable
per page

Fee	Amount	Basis	Note
Account Maintenance
FM Advantage Checking Monthly service charge	$7.50	per month	None
Checking - After 1 Year Inactivity	$5	per month	None
Money Market - After 2 Years Inactivity	$5	per month	None
Savings - After 2 Years Inactivity	$5	per month	None
Paper Statement Fee	$5	per month	None
Overdraft & NSF
Overdraft Fee	$30	per item	None
ATM & Card
Foreign ATM Fee	$1	per item	None
Replacement Debit Card Fee	$10	Not stated	None
Expedited Debit Card Fee	$30	Not stated	None
Wire Transfers
Wire Transfer (Domestic Out)	$30	Not stated	None
Wire Transfer (Domestic In)	$15	Not stated	None
International outgoing Wire	$50	Not stated	None
International incoming wire	$25	Not stated	None
Check Services
Cashier's Check or Bank Money Order	$6	Not stated	None
Personal Money Order	$4	Not stated	None
Incomplete Information Stop Payment Fee	$40	Not stated	None
Lost Checkbook Stop Payment FEE	$40	Not stated	None
Stop Payment Fee	$30	per item	None
Counter Check	$0.50	per item	None
Check Cashing (Non-Customer)	No charge	Not stated	None
Copy of Cancelled Check	$2	per item	None
Digital & Electronic
Bill Payment	$9.95Not compared: Per-item charge, not monthly	per item	None
Account Services
Notary Service	No charge	Not stated	None
1 Lost Key	$250Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box	$150	Not stated	None
Garnishments & Levies	$50	Not stated	None
Gift & Prepaid Cards
Gift Card	$3	per item	None
Other Fees
Copy of Past Statement	$5Not compared: Charged per statement; comparison unavailable	per statement	Copy of Past Statement $5 / Statement
Fax Machine Use	$1Not compared: Charged per page; comparison unavailable	per page	None

Account Maintenance

Checking - After 1 Year Inactivity$5
per month
Money Market - After 2 Years Inactivity$5
per month
Savings - After 2 Years Inactivity$5
per month
Paper Statement Fee$5
per month

Overdraft & NSF

Overdraft Fee$30
per item

ATM & Card

Foreign ATM Fee$1
per item
Replacement Debit Card Fee$10
Expedited Debit Card Fee$30

Wire Transfers

Wire Transfer (Domestic Out)$30
Wire Transfer (Domestic In)$15
International outgoing Wire$50
International incoming wire$25

Check Services

Cashier's Check or Bank Money Order$6
Personal Money Order$4
Incomplete Information Stop Payment Fee$40
Lost Checkbook Stop Payment FEE$40
Stop Payment Fee$30
per item
Counter Check$0.50
per item
Check Cashing (Non-Customer)No charge
Copy of Cancelled Check$2
per item

Digital & Electronic

Bill Payment$9.95
Not compared: Per-item charge, not monthly
per item

Cash & Deposit

Chargeback (Commercial only)$3
per item

Account Services

Notary ServiceNo charge
1 Lost Key$250
Not compared: Box drilling or key fee
Safe Deposit Box$150
Garnishments & Levies$50

Gift & Prepaid Cards

Gift Card$3
per item

Other Fees

Copy of Past Statement$5
Not compared: Charged per statement; comparison unavailable
per statement · Copy of Past Statement $5 / Statement
Fax Machine Use$1
Not compared: Charged per page; comparison unavailable
per page

Fee	Amount	Basis	Note
Account Maintenance
Checking - After 1 Year Inactivity	$5	per month	None
Money Market - After 2 Years Inactivity	$5	per month	None
Savings - After 2 Years Inactivity	$5	per month	None
Paper Statement Fee	$5	per month	None
Overdraft & NSF
Overdraft Fee	$30	per item	None
ATM & Card
Foreign ATM Fee	$1	per item	None
Replacement Debit Card Fee	$10	Not stated	None
Expedited Debit Card Fee	$30	Not stated	None
Wire Transfers
Wire Transfer (Domestic Out)	$30	Not stated	None
Wire Transfer (Domestic In)	$15	Not stated	None
International outgoing Wire	$50	Not stated	None
International incoming wire	$25	Not stated	None
Check Services
Cashier's Check or Bank Money Order	$6	Not stated	None
Personal Money Order	$4	Not stated	None
Incomplete Information Stop Payment Fee	$40	Not stated	None
Lost Checkbook Stop Payment FEE	$40	Not stated	None
Stop Payment Fee	$30	per item	None
Counter Check	$0.50	per item	None
Check Cashing (Non-Customer)	No charge	Not stated	None
Copy of Cancelled Check	$2	per item	None
Digital & Electronic
Bill Payment	$9.95Not compared: Per-item charge, not monthly	per item	None
Cash & Deposit
Chargeback (Commercial only)	$3	per item	None
Account Services
Notary Service	No charge	Not stated	None
1 Lost Key	$250Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box	$150	Not stated	None
Garnishments & Levies	$50	Not stated	None
Gift & Prepaid Cards
Gift Card	$3	per item	None
Other Fees
Copy of Past Statement	$5Not compared: Charged per statement; comparison unavailable	per statement	Copy of Past Statement $5 / Statement
Fax Machine Use	$1Not compared: Charged per page; comparison unavailable	per page	None

Correct a fee source

Oct 13, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

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