Lafayette Parks St Martinville sign at Breaux Bridge
Savings, Money Market, CDs & IRAs
Open a Savings, Money Market, CD and IRA Today!

All Savings & Money Market Accounts Feature:
- Online Banking
- Mobile app with Mobile Deposit
- eStatements









Choice Statement Savings Account
A perfect account for those looking to establish or continue growing their savings portfolio.
- Minimum Opening deposit – $50
- There is a $7.50 per quarter service charge if the daily balance falls below $250 on any day of the quarter
- Must have a minimum balance of $250 each day to earn interest
- $3 service charge per teller withdrawal or transfer greater than 6 per quarterly statement cycle
- $10 fee if account is closed within 6 months of opening
- Quarterly statement without images
- ATM card available
Available to consumers age 16+









Choice Money Market Deposit Account
An account for the experienced saver; an excellent choice for high-balance savings.
- Minimum Opening deposit – $50
- $10 service charge per statement cycle if the average daily balance falls below $2,500
- $8 per debit item greater than 6 per statement cycle
- Must have an average daily balance or $2,500 per statement cycle to earn interest
- Tiered interest rates for optimal savings
- ATM/Debit card available
Available to consumers age 16+









Christmas Club
A convenient holiday helper, to make for hassle-free holidays.
- Minimum Opening deposit – $10
- No monthly service charge
- If you require a withdrawal other than your annual payout, you will be required to withdraw the entire balance and will be assessed a $5 early closure fee
- Payout takes place annually in October
- Annual payout can be directly deposited into your FM Bank account
Available to consumers age 16+









Certificates of Deposit
Why a CD?
Many people choose a CD for flexible term options and the ability to earn interest without being concerned about losing principal balances on the investment.
Benefits:
- Guaranteed returns
- Multiple term options
- Automatic renewal at maturity
- $500 minimum opening deposit
Available to consumers age 16+









Individual Retirement Accounts
With IRAs, securing your retirement is incredibly easy. These retirement accounts are invested safely into Certificates of Deposit.









Traditional IRAs
Great for long-range retirement goals, the Traditional IRA allows you to invest your earned income in a tax-deferred manner. With a traditional IRA, you can invest your pre-tax dollars into a retirement account and earn interest. Your contributions are tax-deductible, depending on your income, tax filing status, and other factors. When you take your distribution, the income is treated as ordinary income and is subject to tax.
Minimum Opening deposit – $500
Available to consumers age 16+









Roth IRAs
Similar to a Traditional IRA, this account is excellent for long term savings goals. However, a Roth IRA is funded with your after-tax dollars, and you are not subject to income tax on qualified distributions.
Minimum Opening deposit – $500
Available to consumers age 16+


Choice Health Savings Account (HSA)
This health savings account is perfect for those with high deductible health plans.
- Minimum Opening deposit – $50
- Unlimited transactions
- Interest Bearing
- No monthly service charge if average daily balance is $2,500 or greater
Available to consumers age 16+