Rates

Rates as of 08-28-2023

Checking and Savings Accounts

F&M CLASSIC PLUS*

$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*

$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*

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

Money Tree Savings* | Junior Savings* 

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

Certificates of Deposit

6 Month CD**

$1,000.00 minimum deposit to open account.

12 Month CD**

$1,000.00 minimum deposit to open account.

18 Month CD**

$1,000.00 minimum deposit to open account.

24 Month CD**

$1,000.00 minimum deposit to open account.

Money Tree 36 Month CD**

$250.00 minimum deposit to open account.

36 Month CD**

$1,000.00 minimum deposit to open account.

48 Month CD**

$1,000.00 minimum deposit to open account.

60 Month CD**

$1,000.00 minimum deposit to open account.

Individual Retirement Accounts

18 Month IRA⁽*^{) (}**⁾

$10.00 minimum deposit to open account.

60 Month IRA and 60 Month Roth IRA⁽*^{) (}**⁾

$1,000.00 minimum deposit to open account.

12 Month Roth IRA⁽*^{) (}**⁾

$25.00 minimum deposit to open account.

Educational Savings

12 Month Coverdell Educational Savings Account⁽*^{) (}**⁾

$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.