Farmers Bank’s Ready Reserve is a line of credit available to qualified customers that desire fast cash.
- Automatically transfers into your account to protect you from overdraft fees
- You may call the bank to draw money and transfer into your checking account
- Automatic payments helps you avoid late payments
- A monthly statement/accounting that will be combined to your checking account statement.
- No annual fee
- Automatic monthly payment of 5% of the principal balance or $25.00, whichever is greater
- Automatic transfer of funds in increments of $50.00 with $2.00 transfer fee
- Annual Percentage Rate (APR): 18% variable
- Additional Fees may apply (see Terms and Conditions)