|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.
Paycheck Protection Program (PPP) Loans: Please visit F&M Bank’s PPP Knowledge Center for up-to-date information about First Draw PPP loans, Second Draw PPP loans, and loan forgiveness.