pile of coins

Savings / Money Market


Regular Savings Young Savers Christmas Club Student Savings Treasury Money Market
Summary A way to save your money and still have access to it. Free savings account for children age 0 - 12. Easy electronic deposits from your F&M checking or savings account. Free savings account for full-time students. 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 cycle. ATM cards available. Earn 10 points for each deposit of $5.00 or more (limited to 10 points per week). Points may be used for prizes. Receive invitations to special events and an annual birthday card. 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 cycle. ATM cards available. N/A