Unlock the full potential of your savings with F&M Bank's diverse range of savings and money market accounts. Whether you're saving for a rainy day, setting aside funds for your children's future, or looking for competitive interest rates with flexible access to your funds, our tailored accounts are designed to meet your every need. Explore our options below to find the perfect fit for your financial goals.
Maximize Your Savings with Our Money Market Accounts
| Regular Savings | Young Savers | Christmas Club | Student Savings | Treasury Money Market | |
|---|---|---|---|---|---|
| Summary | A way to save your money and still have access to it. | A savings account for children age 0 - 12. | Easy electronic deposits from your F&M checking or savings account. | A savings account for students between the ages of 0 and 18. | Competitive interest rates with the convenience of check writing |
| Minimum Opening | $10 | $10 | $10 | $10 | $2,500 |
| Minimum Balance to avoid service charge | $100 average daily balance | None | None | None | $1,000 average daily balance |
| Monthly Service Charge | $5.00 (if average daily balance falls below $100) | None | None | None | 10.00* (if average daily balance falls below $1,000) |
| Interest | **Compounded and credited to account quarterly. | **Compounded and credited to account quarterly. | **Compounded and credited to account annually. | **Compounded and credited to account quarterly. | **Compounded and credited to account monthly. Must maintain minimum balance of $2,500 to obtain interest. |
| Free E-Statement | Yes | Yes | Yes | Yes | Yes |
| Additional Information | $.50 per debit in excess of 4 per calendar month. ATM cards available. |
Receive invitations to special events and an annual birthday card.
$.50 per debit in excess of 4 per calendar month.
|
A check for the balance plus accrued interest will be mailed the first week of November, then your account will automatically start over. | $.50 per debit in excess of 4 per calendar month. ATM cards available. | N/A |
Enhancing Your Savings Experience
At F&M Bank, we believe in providing more than just accounts. Our dedicated team offers personalized support to help you navigate your savings journey, ensuring that you're making the most out of your investments and meeting your financial goals with confidence.
Innovative Savings Tools
Embrace the power of technology with our innovative savings tools. From mobile banking that keeps you connected to your accounts, to automated transfers that help build your savings effortlessly, we're here to make managing your finances as easy and efficient as possible.
Beyond Banking - A Community of Savers
Our Bill Pay feature streamlines the process of managing your bills. Easily set up one-time or recurring payments, track your payment history, and stay on top of your finances. Bill Pay saves you time and hassle, making it simpler than ever to handle your expenses.
Enhanced Security and Support
Join a community where your financial well-being is prioritized. F&M Bank is not just a place to store your money; it's a space where savers can learn, grow, and achieve financial success together. Let us be a part of your savings journey, every step of the way.
