• Online Banking
• Mobile app with Mobile Deposit
• eStatements

• 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 over the counter debit 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

• 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

• 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

Benefits:

• Guaranteed returns
• Multiple term options
• Automatic renewal at maturity
• $500 minimum opening deposit

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

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.

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 – $50
• Unlimited transactions
• Interest Bearing
• No monthly service charge if average daily balance is $2,500 or greater