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Savings Accounts

FIND THE RIGHT F&M SAVINGS ACCOUNT FOR YOU

An F&M personal savings account will provide the peace of mind you deserve with an FDIC-insured account. Allow one of our personal banking representatives at one of our Los Angeles or Orange County branches to help you identify a personal savings plan to complement your lifestyle and accomplish your savings account goals. Let your money start working for you today!

CJ Walker“Safeguarding our clients’ money is a sacred trust.”

-C.J. Walker, Founder, 1907

Explore our specialty savings accounts

Contact us today.

(866) 437–0011

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Sat: 8 am – 9 pm
Sun: 8 am – 5 pm PT

  Market Rate Money Market
Get Started TodayApply at an F&M Office
Market Rate Savings
Get Started TodayApply at an F&M Office
Description A limited transaction account that earns
a competitive interest rate. Keep your
funds liquid and secure.
A savings account that fits any budget
and pays a competitive interest rate.
Minimum Opening Balance
$100
$100
$2 withdrawal fee applies for
each withdrawal exceeding 3
per quarter if the balance in
the account falls below $500
any day of the quarter
  checkmark
$5 minimum balance fee
per quarter applies if the
average daily balance for the
quarter falls below $200
  checkmark
$7 minimum balance fee per
month applies if the balance
in the account falls below
$2,500 any day of the
statement cycle
checkmark  
Limited withdrawal
privileges11
checkmark checkmark
Check images included
with monthly statement
checkmark  
Debit MasterCard®2 checkmark  
ATM access with your linked
F&M checking account’s
Debit MasterCard®2
  checkmark
Free Online Banking3 checkmark checkmark
eStatements & eNotices checkmark checkmark
Combined monthly statements checkmark  
Combined monthly statements or
a quarterly savings-only statement
  checkmark
Competitive variable rate;
interest accrues daily and
is paid to the account
quarterly. If the account is
closed before interest is
paid, the accrued interest
will not be credited.
checkmark checkmark
Tiers offered:
$0.01-$9,999.99;
$10,000-$24,999.99;
$25,000-$49,999.99;
$50,000-$99,999.99;
$100,000 or more
checkmark checkmark
Deposit Interest Rates Click to see Rates Click to see Rates
  Market Rate Money Market
Get Started TodayApply at an F&M Office
Market Rate Savings
Get Started TodayApply at an F&M Office
  Market Rate Money Market
Get Started TodayApply at an F&M Office
Description A limited transaction account that earns
a competitive interest rate. Keep your
funds liquid and secure.
Minimum Opening Balance
$100
$2 withdrawal fee applies for
each withdrawal exceeding 3
per quarter if the balance in
the account falls below $500
any day of the quarter
 
$5 minimum balance fee
per quarter applies if the
average daily balance for the
quarter falls below $200
 
$7 minimum balance fee per
month applies if the balance
in the account falls below
$2,500 any day of the
statement cycle
checkmark
Limited withdrawal privileges11 checkmark
Check images included with
monthly statement
checkmark
Debit MasterCard®2 checkmark
ATM access with your linked
F&M checking account’s
Debit MasterCard®2
 
Free Online Banking3 checkmark
eStatements & eNotices checkmark
Combined monthly statements checkmark
Quarterly savings-only
statement option
 
Competitive variable rate;
interest accrues daily and
is paid to the account
quarterly. If the account is
closed before interest is
paid, the accrued interest
will not be credited.
checkmark
Tiers offered:
$0.01-$9,999.99;
$10,000-$24,999.99;
$25,000-$49,999.99;
$50,000-$99,999.99;
$100,000 or more
checkmark
Deposit Interest Rates Click to see Rates
  Market Rate Money Market
Get Started TodayApply at an F&M Office
  Market Rate Savings
Get Started TodayApply at an F&M Office
Description A savings account that fits any budget
and pays a competitive interest rate.
Minimum Opening Balance
$100
$2 withdrawal fee applies for
each withdrawal exceeding 3
per quarter if the balance in
the account falls below $500
any day of the quarter
checkmark
$5 minimum balance fee
per quarter applies if the
average daily balance for the
quarter falls below $200
checkmark
$7 minimum balance fee per
month applies if the balance
in the account falls below
$2,500 any day of the
statement cycle
 
Limited withdrawal privileges11 checkmark
Check images included with
monthly statement
 
Debit MasterCard®2  
ATM access with your linked
F&M checking account’s
Debit MasterCard®2
checkmark
Free Online Banking3 checkmark
eStatements & eNotices checkmark
Combined monthly statements checkmark
Quarterly savings-only
statement option
checkmark
Competitive variable rate;
interest accrues daily and
is paid to the account
quarterly. If the account is
closed before interest is
paid, the accrued interest
will not be credited.
checkmark
Tiers offered:
$0.01-$9,999.99;
$10,000-$24,999.99;
$25,000-$49,999.99;
$50,000-$99,999.99;
$100,000 or more
checkmark
Deposit Interest Rates Click to see Rates
  Market Rate Savings
Get Started TodayApply at an F&M Office

Some account features and benefits may be subject to separate application, agreement, and/or approval. Terms and Conditions may apply. Account features and benefits are subject to change with or without notice. For account details and deposit interest rates, please visit fmb.com, ask our office staff, or refer to the account agreement and disclosures provided at time of opening. Please refer to Services and Fees on fmb.com/fees for additional details.


1. Up to six transfers or withdrawals are allowed per month for savings accounts and per monthly statement cycle for money market accounts to another account of the depositor or to a third party by means of a pre-authorized, automatic or telephonic transfer, or by check, draft, debit card, ATM card or similar order payable to third parties. Exceeding these limitations may result in the closure of your account or the transfer of funds to another qualified account type.
2. Other financial institutions and ATM operators may charge an additional surcharge fee for use of their ATM, which is disclosed and debited at the time of your transaction.
3. Online Banking is available for clients 13 years old and over.

Savings Goals Definitions

Savings goal
The amount you wish to have in savings at the end of this savings plan.

Years to save
The number of years you have to save.

Amount currently saved
Total you currently have saved toward this savings goal.

Monthly savings
The amount you will contribute each month to your investments. This calculator also assumes that you make your contribution at the beginning of each month.

Expected rate of return
This is the annually compounded rate of return you expect from your savings (after taxes).

The actual rate of return is largely dependent on the types of investments you select. The Standard & Poor’s 500® (S&P 500®) for the 10 years ending Dec. 1st, 2015, had an annual compounded rate of return of 7.76%, including reinvestment of dividends. From January 1970 through to Dec. 2015, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 10.5% (source: www.standardandpoors. com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a financial institution may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances.

It is important to remember that these scenarios are hypothetical and that future rates of return can’t be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that Separate Account investment funds and/or investment companies may charge.

Expected annual inflation rate This is what you expect for the average long-term inflation rate. A common measure of inflation in the U.S. is the Consumer Price Index (CPI). From 1925 through 2015 the CPI has a long-term average of 2.9% annually. Over the last 40 years highest CPI recorded was 13.5% in 1980. For 2015, the last full year available, the CPI was 0.0% annually as reported by the Minneapolis Federal Reserve.

KJE Computer Solutions, LLC’s information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.