FDIC-Insured - Backed by the full faith and credit of the U.S. Government
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Premium

Make more progress with our high-yield savings account.

Saving money doesn’t have to feel slow. With competitive, tiered interest rates, F&M Bank’s Premium Savings account helps your balance grow faster—while keeping your funds accessible when you need them.
Flexible savings that grow with you.
 
You can start small or plan big. Either way, Premium Savings is designed to reward consistent saving. Earn interest with as little as $10 and qualify for higher rates as your balance increases. It’s a straightforward way to save for major purchases or long-term financial security.
  • Competitive interest rates with daily compounding
  • Tiered rate structures mean higher balances may qualify for higher earnings
  • Interest earned daily and credited quarterly
  • No minimum time requirement to earn interest
  • Online and Mobile Banking to track progress and transfer funds
  • $10 minimum balance to earn interest
  • $100 average balance to avoid a quarterly service charge
  • Service charges waived for eligible customers, including minors, students, seniors
    (65+), individuals with disabilities, estates, and qualifying nonprofits in Shenandoah Valley, Virginia 
 

Interest earned is compounded daily, credited quarterly. Fees may reduce earnings.
 
FEDERAL REGULATION D: No more than six preauthorized or automatic transfers, telephone transfers, or transfers made by draft, debit card, or similar order payable to a third party may be made from a savings account to another account at the bank or to a third party in any calendar month. If you exceed, or attempt to exceed, these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer requests, and the bank may reclassify or close your account. However, there are no limits on the number of withdrawals paid directly to you when initiated in person, and no limit on the number of withdrawals paid directly to you when initiated by mail, telephone or messenger.

































iOS and Android Users

Download the F&M Bank app on your mobile device.