|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 Rate; Interest Accrues Daily and is Paid to the Account, by Check or Deposited to Another F&M Account Monthly, Quarterly, Annually, or at Maturity.
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.