Rates

Rates as of 01-03-2023

Checking and Savings Accounts

F&M CLASSIC PLUS*

Balance	Interest Rate	Annual Percentage Yield
$1,500+	0.05%	0.05%

$50.00 minimum deposit to open account. You must maintain a minimum balance of $1,500 in the account each day to obtain the Annual Percentage Yield (APY).

Savings Account/Christmas Club*

Balance	Interest Rate	Annual Percentage Yield
Under $2,500	0 .10%	0.10%
$2,500-$4,999	0.10%	0.10%
$5,000-$24,999	0.20%	0.20%
$25,000+	0.25%	0.25%

$100.00 minimum deposit to open a savings account. $10.00 minimum deposit to open a Christmas Club account. The minimum balance required to obtain the APY is $0.01.

Money Market Savings*

Balance	Interest Rate	Annual Percentage Yield
Under $2,500	0.20%	0.20%
$2,500-$4,999	0.20%	0.20%
$5,000-$24,999	0.40%	0.40%
$25,000-$99,999	0.60%	0.60%
$100,000+	.75%	.75%

$100.00 minimum deposit to open account. The minimum balance required to obtain the APY is $0.01.

Money Tree Savings* | Junior Savings*

Balance	Interest Rate	Annual Percentage Yield
All Balances	0.75%	0.75%

$10.00 minimum deposit to open account. The minimum balance required to obtain the APY is $0.01.

Certificates of Deposit

6 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	0.35%	0.35%
$10,000+	0.50%	0.50%
$100,000+	0.75%	0.75%

$1,000.00 minimum deposit to open account.

12 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	0.60%	0.60%
$10,000+	0.75%	0.75%
$100,000+	1.00%	1.00%

$1,000.00 minimum deposit to open account.

18 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	0.75%	0.75%
$10,000+	1.00%	1.00%
$100,000+	1.50%	1.50%

$1,000.00 minimum deposit to open account.

24 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	0.85%	0.85%
$10,000+	1.15%	1.15%
$100,000+	1.65%	1.65%

$1,000.00 minimum deposit to open account.

Money Tree 36 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$250+	1.00%	1.00%

$250.00 minimum deposit to open account.

36 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	1.00%	1.00%
$10,000+	1.25%	1.25%
$100,000+	1.75%	1.75%

$1,000.00 minimum deposit to open account.

48 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	1.25%	1.25%
$10,000+	1.50%	1.50%
$100,000+	2.00%	2.00%

$1,000.00 minimum deposit to open account.

60 Month CD**

Balance	Interest Rate	Annual Percentage Yield
$1,000+	1.50%	1.50%
$10,000+	2.25%	2.25%
$100,000+	2.50%	2.50%

$1,000.00 minimum deposit to open account.

Individual Retirement Accounts

18 Month IRA⁽*⁾ ⁽**⁾

Balance	Interest Rate	Annual Percentage Yield
$10	1.00%	1.00%

$10.00 minimum deposit to open account.

60 Month IRA and 60 Month Roth IRA⁽*⁾ ⁽**⁾

Balance	Interest Rate	Annual Percentage Yield
$1,000	2.50%	2.50%

$1,000.00 minimum deposit to open account.

12 Month Roth IRA⁽*⁾ ⁽**⁾

Balance	Interest Rate	Annual Percentage Yield
$25	1.00%	1.00%

$25.00 minimum deposit to open account.

Educational Savings

12 Month Coverdell Educational Savings Account⁽*⁾ ⁽**⁾

Balance	Interest Rate	Annual Percentage Yield
$25	1.00%	1.00%

$25.00 minimum deposit to open account.

Heritage Club Receives the $10,000+ Tier APY if Balance is < $100,000

Balance: The amount of principle in the account each day.
*The interest rate and annual percentage yield may change after account opening.
**A penalty may be imposed for early withdrawal. Fees could reduce the earnings on the account.

Rates

Checking and Savings Accounts

F&M CLASSIC PLUS*

Savings Account/Christmas Club*

Money Market Savings*

Money Tree Savings* | Junior Savings*

Certificates of Deposit

6 Month CD**

12 Month CD**

18 Month CD**

24 Month CD**

Money Tree 36 Month CD**

36 Month CD**

48 Month CD**

60 Month CD**

Individual Retirement Accounts

18 Month IRA(*) (**)

60 Month IRA and 60 Month Roth IRA(*) (**)

12 Month Roth IRA(*) (**)

Educational Savings

12 Month Coverdell Educational Savings Account(*) (**)

BEWARE OF TEXT SCAM

18 Month IRA⁽*⁾ ⁽**⁾

60 Month IRA and 60 Month Roth IRA⁽*⁾ ⁽**⁾

12 Month Roth IRA⁽*⁾ ⁽**⁾

12 Month Coverdell Educational Savings Account⁽*⁾ ⁽**⁾