Checking Accounts
Balance Requirement to Obtain APY table arrowNone
Interest Rate table arrow N/A
Annual Percentage Yield (APY) table arrow N/A
Balance Requirement to Avoid Service Charges table arrowNone
Monthly Service Charge table arrowNone
Balance Requirement to Obtain APY table arrowDaily balance $1,000+
Interest Rate table arrow .15%
Annual Percentage Yield (APY) table arrow .15%
Balance Requirement to Avoid Service Charges table arrowAverage balance $1,000
Monthly Service Charge table arrow$10.00
Balance Requirement to Obtain APY table arrowUp to $15,000 receive
Interest Rate table arrow 1.9917%
Annual Percentage Yield (APY) table arrow 2.01%
Balance Requirement to Avoid Service Charges table arrowNone
Monthly Service Charge table arrowNone
Balance Requirement to Obtain APY table arrowN/A
Interest Rate table arrow N/A
Annual Percentage Yield (APY) table arrow N/A
Balance Requirement to Avoid Service Charges table arrowN/A – activity limits
Monthly Service Charge table arrow
Balance Requirement to Obtain APY table arrowN/A
Interest Rate table arrow N/A
Annual Percentage Yield (APY) table arrow N/A
Balance Requirement to Avoid Service Charges table arrowActivity and balances are analyzed
Monthly Service Charge table arrow
Account TypeBalance Requirement to Obtain APYInterest RateAnnual Percentage Yield (APY)Balance Requirement to Avoid Service ChargesMonthly Service Charge
Account TypeBalance Requirement to Obtain APYInterest RateAnnual Percentage Yield (APY)Balance Requirement to Avoid Service ChargesMonthly Service Charge
Regular Checking – Personal table arrowNone N/A N/ANoneNone
Interest Checking – Sole Proprietorships table arrowDaily balance $1,000+ .15% .15%Average balance $1,000$10.00
Kasasa Cash® Checking table arrowUp to $15,000 receive 1.9917% 2.01%NoneNone
Qualifications not met during cycle; all balances .03% .03%NoneNone
Free Business Checking** table arrowN/A N/A N/AN/A – activity limits
Commercial Checking table arrowN/A N/A N/AActivity and balances are analyzed

Rates effective as of: February 19, 2020

* Balances over $15,000 earn .10% interest rate on the portion of the balance over $15,000, resulting in range from 2.01% to .3491% APY depending on the account’s balance.

Interest eligibility qualifications during each qualification cycle:

  1. Have at least 12 debit card purchases
  2. At least one ACH auto-debit/credit or direct deposit
  3. Be enrolled in and agree to receive e-Statements (setup in Netteller online banking)

**Limited activity – 1,000 total transactions including checks paid, deposits, deposited items.

Rates are subject to change after the account is opened.

Fees may reduce earnings on interest bearing accounts.

Savings Accounts
Balance Requirement to Obtain APY table arrowOver $3,500
Interest Rate table arrow .15%
Annual Percentage Yield (APY) table arrow 1.25% - .18%
Balance Requirement to Avoid Service Charges table arrowNone
Monthly Service Charge table arrowN/A
Balance Requirement to Obtain APY table arrow$5 – $5,000
Interest Rate table arrow 1.24%
Annual Percentage Yield (APY) table arrow 1.25%
Balance Requirement to Avoid Service Charges table arrowNone; $5 to open
Monthly Service Charge table arrowN/A
Balance Requirement to Obtain APY table arrowUp to $85,000
Interest Rate table arrow 1.005400%
Annual Percentage Yield (APY) table arrow 1.01%
Balance Requirement to Avoid Service Charges table arrowNone
Monthly Service Charge table arrowN/A
Balance Requirement to Obtain APY table arrowOver $85,000
Interest Rate table arrow .25%
Annual Percentage Yield (APY) table arrow .25%
Balance Requirement to Avoid Service Charges table arrowNone
Monthly Service Charge table arrowN/A
Balance Requirement to Obtain APY table arrowUp to $9,999
Interest Rate table arrow .25%
Annual Percentage Yield (APY) table arrow .25%
Balance Requirement to Avoid Service Charges table arrowQuarterly average $100
Monthly Service Charge table arrow$10/qtr.
Balance Requirement to Obtain APY table arrow$10,000 – $24,999
Interest Rate table arrow .25%
Annual Percentage Yield (APY) table arrow .25%
Balance Requirement to Avoid Service Charges table arrowQuarterly average $100
Monthly Service Charge table arrow$10/qtr.
Balance Requirement to Obtain APY table arrow$25,000 – $49,999
Interest Rate table arrow .25%
Annual Percentage Yield (APY) table arrow .25%
Balance Requirement to Avoid Service Charges table arrowQuarterly average $100
Monthly Service Charge table arrow$10/qtr.
Balance Requirement to Obtain APY table arrow$50,000 and Over
Interest Rate table arrow .35%
Annual Percentage Yield (APY) table arrow .35%
Balance Requirement to Avoid Service Charges table arrowQuarterly average $100
Monthly Service Charge table arrow$10/qtr.
Balance Requirement to Obtain APY table arrow$10.00
Interest Rate table arrow 1.776%
Annual Percentage Yield (APY) table arrow 1.79%
Balance Requirement to Avoid Service Charges table arrowMonthly average $1,000
Monthly Service Charge table arrow$10/mo.
Balance Requirement to Obtain APY table arrow$10.00
Interest Rate table arrow 2.00%
Annual Percentage Yield (APY) table arrow 2.02%
Balance Requirement to Avoid Service Charges table arrowMonthly average $1,000
Monthly Service Charge table arrow$10/mo.
Balance Requirement to Obtain APY table arrowOpen until maturity
Interest Rate table arrow .25%
Annual Percentage Yield (APY) table arrow .25%
Balance Requirement to Avoid Service Charges table arrowForfeit interest if cashed prior to maturity
Monthly Service Charge table arrowN/A
Account TypeBalance Requirement to Obtain APYInterest RateAnnual Percentage Yield (APY)Balance Requirement to Avoid Service ChargesMonthly Service Charge
Account TypeBalance Requirement to Obtain APYInterest RateAnnual Percentage Yield (APY)Balance Requirement to Avoid Service ChargesMonthly Service Charge
Over $3,500 .15% 1.25% - .18%NoneN/A
Treehouse Savings Club – Age 6-18 table arrow$5 – $5,000 1.24% 1.25%None; $5 to openN/A
Kasasa Saver®*** Checking table arrowUp to $85,000 1.005400% 1.01%NoneN/A
Over $85,000 .25% .25%NoneN/A
Premium Savings table arrowUp to $9,999 .25% .25%Quarterly average $100$10/qtr.
$10,000 – $24,999 .25% .25%Quarterly average $100$10/qtr.
$25,000 – 49,999 .25% .25%Quarterly average $100$10/qtr.
$50,000 and Over .35% .35%Quarterly average $100$10/qtr.
F&M Money Market under $499,999***** table arrow$10.00 1.776% 1.79%Monthly average $1,000$10/mo.
F&M Money Market $500K and over***** table arrow$10.00 2.00% 2.02%Monthly average $1,000$10/mo.
Christmas Club Savings table arrowOpen until maturity .25% .25%Forfeit interest if cashed prior to maturityN/A

Rates effective as of: February 19, 2020

*** If tied to a Kasasa Cash® or Kasasa Cash Back® checking account. Balances in your Kasasa Saver account up to $85,000 receive APY of 1.01%; and balances over $85,000 earn .25% interest rate on the portion of the balance over $85,000, resulting in range from 1.01% to .5994% APY depending on the account’s balance.

Interest eligibility qualifications during each qualification cycle:

  • At least 12 check card purchases
  • At least 1 direct deposit or automatic payment (ACH)
  • Be enrolled and agree to receive eStatements

See website for complete details.
Kasasa Cash information
Kasasa Cash Back information

****Limited check writing.
Rates are subject to change after the account is opened.
Fees may reduce earnings on the account.

*****An interest rate of 2.00% with an annual percentage yield of 2.02% applies to balances of $500K to 1 million, and on balances of $1 million and above. An interest rate of 1.776% with an annual percentage yield of 1.79% applies to balances of $499,999.99 and below. A $10.00 deposit is required to open this account. A monthly service fee of $10.00 will be imposed monthly on the statement cycle if the average daily balance for the monthly statement cycle falls below $1,000.00. Account restrictions apply, please see a bank service representative for details. Effective 04/22/19. Rates subject to change.

Certificates of Deposit
Minimum Deposit table arrow$1,000
Interest Rate table arrow .35%
Annual Percentage Yield (APY) table arrow .35%
Minimum Deposit table arrow$1,000
Interest Rate table arrow .90%
Annual Percentage Yield (APY) table arrow .90%
Minimum Deposit table arrow$1,000
Interest Rate table arrow .50%
Annual Percentage Yield (APY) table arrow .50%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.10%
Annual Percentage Yield (APY) table arrow 1.10%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.15%
Annual Percentage Yield (APY) table arrow 1.15%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.35%
Annual Percentage Yield (APY) table arrow 1.36%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.35%
Annual Percentage Yield (APY) table arrow 1.36%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.20%
Annual Percentage Yield (APY) table arrow 1.21%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.25%
Annual Percentage Yield (APY) table arrow 1.26%
Minimum Deposit table arrow$1,000
Interest Rate table arrow 1.50%
Annual Percentage Yield (APY) table arrow 1.51%
TermMinimum DepositInterest RateAnnual Percentage Yield (APY)
TermMinimum DepositInterest RateAnnual Percentage Yield (APY)
182 Days table arrow$1,000 .35% .35%
12 Month table arrow$1,000 .90% .90%
18 Month Variable* table arrow$1,000 .50% .50%
18 Month Fixed* table arrow$1,000 1.10% 1.10%
24 Month table arrow$1,000 1.15% 1.15%
30 Month Special** table arrow$1,000 1.35% 1.36%
33 Month Special*** table arrow$1,000 1.35% 1.36%
36 Month table arrow$1,000 1.20% 1.21%
48 Month table arrow$1,000 1.25% 1.26%
60 Month table arrow$1,000 1.50% 1.51%

Rates effective as of: February 19, 2020

Penalty for early withdrawal. CDs with terms of 18 months or longer receive a .10% rate increase with accompanying checking account.
*One penalty-free withdrawal allowed after 6 months. 18 month variable CD rate is only available for IRAs.
**30 month certificate receives one penalty-free withdraw after 15 months. Subject to change. At maturity, this CD will convert to a regular 24 month certificate.

***At maturity, this CD will convert to a 30 month certificate at current market rates.

***1.61% APY  with an F&M Bank consumer checking account relationship. Offer valid for personal, consumer deposit accounts. Qualifications apply

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