F&M Bank’s Certificates of Deposit (CD) Rates are on the rise!

• 2.27% APY*
• 33-month term

Or, choose the option of growing your savings without the worry of a penalty.

• 1.86% APY**
• 30-month term
• One penalty-free withdrawal after 15 months

*Annual Percentage Yield.

*2.27% APY with an F&M Bank consumer checking account relationship, or a 2.02% APY without an F&M Bank consumer checking account. Offer valid for personal, consumer deposit accounts. Qualifications apply. At maturity, this CD will convert to a 30 month certificate. Subject to change.

**30 month certificate receives one penalty-free withdraw after 15 months. CDs with terms of 18 months or longer receive a .10% rate increase with accompanying checking account. Subject to change. At maturity, this CD will convert to a regular 24 month certificate.

Rates effective as of January 16, 2019.

Here’s another option to earn a great return on your deposits. We now offer Kasasa Cash Checking, where you can earn 2.01% APY on balances up to $15,000! Click here to learn all about it.

Check out interest rates on other CDs available at Farmers & Merchants Bank. Find branch location information.