Regardless of your age, financial status, or lifestyle, everyone needs a safe place to put their money and earn interest. At F&M Bank we try to provide simple solutions in a complicated world. Helping our customers reach their personal savings goals has been part of our mission throughout our hundred-plus year history as a community bank in the Shenandoah Valley. We offer several savings options to suit your needs.

Compare Savings Accounts and CDs

Free Kasasa Saver: It’s easy, free, and rewarding to grow your savings by linking our Kasasa Saver account to your free Kasasa Cash or Kasasa Cash Back checking account. Save your cash rewards and earn interest on your savings account balance.

Premium Savings: Watch your interest rate rise as your nest egg grows. You can waive the quarterly service charge with a low average balance of $100.

New Beginnings Savings: Our one-of-a-kind savings account for newlyweds replaces the typical wedding registry filled with juicers and other things you’ll rarely ever use. Instead, guests make a deposit into your New Beginnings account to help you save for a down payment on your first home.

Treehouse Savings Club: This special account is for kids aged 6-18. There are no minimum balance requirements or service fees. Teach your kids financial literacy basics and give them a sense of agency over money they earn or receive as gifts.

Money Market Savings Accounts: When you have more money to put away, enjoy a tiered premium interest rate and some check writing and transfer privileges.

Christmas Club: These beloved holiday savings accounts are almost extinct in today’s world. Only your local community bank gives you the chance to save for Christmas or other major events while earning interest on deposits.

Coverdell Education Savings: Previously called “Education IRA’s,” these CD accounts help you contribute to a child or children’s future education expenses.

All Farmers & Merchants savings accounts are insured by F.D.I.C.

Contact us to learn more about our various savings account options

Stop by your local branch in Augusta, Page, Rockingham, or Shenandoah county to discuss your savings account options with our friendly customer service team. You can also open a new savings account online.