Deposit Rates

Deposit rates as of January 20, 2021


CONSUMER DEPOSIT RATES

F&M Interest**

Minimum to Open $1,000
 Interest Rate apy*
Daily Available Balance up to $1,000 5.00% 5.12%
Daily Available Balance in excess of $1,000
 0.25% 5.12% - 0.25%

F&M 50+**

Minimum to Open $100

Daily Available Balance $500 and above 0.15% 0.15%
Minimum Balance to Obtain APY* $500

F&M CAMPUS**

Minimum to Open $100

Daily Available Balance up to $500
 10.00% 10.47%
Daily Available Balance in excess of $500
 0.05% 10.47% - 0.05%

HEALTH SAVINGS**

Minimum to Open $100

Family or Individual 0.25% 0.25%

F&M KIDS BANK RATES

F&M KIDS BANK **

Minimum to Open $5,000
 Interest Rate apy*

2.00% 2.02%
Minimum to Open $25


 SAVINGS DEPOSIT RATES

F&M MYWAY**

Minimum to Open $100
 Interest Rate apy*

0.10% 0.10%

F&M DREAM BIG **

Minimum to Open $50


0.40% 0.40%


BUSINESS ACCOUNT RATES

F&M INTEREST **

Minimum to Open $5,000
 Interest Rate apy*
Daily Available Balance  $5,000 and above 0.20% 0.20%
Minimum Balance to Obtain APY* $5,000


FARMERS ACCOUNT RATES

F&M YOUNG FARMERS**

Minimum to Open $50
 Interest Rate apy*
Daily Available Balance up to $3,000
 2.00% 2.02%
Daily Available Balance  in excess of $3,000
 0.10% 0.10%

CERTIFICATE OF DEPOSIT***

$500 Minimum to Open CD
 Interest Rate apy*
3 Month 0.14% 0.14%
6 Month 0.19% 0.19%
9 Month 0.20% 0.20%
12 Month 0.21% 0.21%
18 Month 0.25% 0.25%
24 Month 0.28% 0.28%
30 Month 0.32% 0.32%
36 Month 0.37% 0.37%
48 Month 0.50% 0.50%
60 Month 0.62% 0.62%
IRA Variable** tied to savings 0.10% 0.10%
*APY - Annual Percentage Yield 
** The rate is variable and subject to change after the account is opened
***Penalty for early withdrawals
Fees could reduce earnings on the account

For more details on terms and conditions, contact the Client Representative Team.