FMB FUNDS, INC.
Consumer Service Class and Institutional Class Shares
PROSPECTUS SUPPLEMENT, dated January 27, 1998, to Prospectuses dated March
28, 1997
FMB Funds, Inc., which is advised by Huntington National Bank, has
entered into an Agreement and Plan of Reorganization, dated as of February
1, 1998 (the "Reorganization Agreement"), with Monitor Funds, a family of
mutual funds also advised by Huntington National Bank, which provides for
(a) the transfer of all of the assets and liabilities of the FMB Diversified
Equity Fund, the FMB Intermediate Government Income Fund, the FMB Michigan
Tax-Free Bond Fund and the FMB Money Market Fund (the "FMB Portfolios") to
corresponding investment portfolios (the "Monitor Portfolios") of the
Monitor Funds in exchange for Investment and Trust shares, as applicable, of
the Monitor Portfolios, (b) the distribution of such Monitor Portfolios'
shares to the shareholders of the FMB Portfolios according to their
respective interests, and (c) the termination under state law and the
Investment Company Act of 1940, as amended, of FMB Funds, Inc. Joint
special meetings of the shareholders of each FMB Portfolio have been
scheduled for March 17, 1998, to vote on the proposed reorganization with
the Monitor Funds.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
