|Certificates of Deposit (CDs)|
|Minimum Opening Balance||$1,000|
|Account Fees||Early Withdrawal Penalties May Apply if Made Prior to the Maturity Date|
|Available Terms||7 to 31 days
|Automatic Renewal at Maturity Unless Otherwise Stated|
|Free Online Banking|
|Free Mobile Banking1|
|Free eStatements & eNotices|
|Interest||Competitive Fixed Interest Rates; Interest Accrues Daily and is Compounded and Credited According to the Terms of the Account.
Interest Rate Structure is Tiered Based on Opening or Renewal Balance.
Attention PPP Loan Clients: Please visit F&M Bank’s PPP Forgiveness Knowledge Center for up-to-date information about the PPP Loan Forgiveness process.