Deposit Rates | F&M Bank and Trust
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annual percentage yield (apy) effective september 22, 2023.

in-house specials - certificates of deposit

term minimum deposit to open account* interest rate annual percentage yield (apy)*
7 month $5,000 4.80% 4.89%
11 month $5,000 5.00% 5.10%
22 month $5,000 4.50% 4.58%

certificates of deposit (cds)

Term Minimum Deposit to Open Account* Interest Rate Annual Percentage Yield (APY)*
30 day $2,500 0.05% 0.05%
91 day $2,500 0.05% 0.05%
6 month $2,500 0.15% 0.15%
12 month $1,000 0.25% 0.25%
18 month $1,000 0.30% 0.30%
24 month $1,000 0.50% 0.50%
30 month $1,000 0.75% 0.75%
36 month $1,000 1.25% 1.26%
42 month $1,000 1.50% 1.51%
48 month $1,000 1.75% 1.76%
60 month $1,000 2.00% 2.02%
growing tree 24 month** $100 0.50% 0.50%

 

 

individual retirement accounts (iras)

term minimum deposit to open account* interest rate annual percentage yield (apy)*
12 month $2,500 0.25% 0.25%
18 month $2,500 0.30% 0.30%
24 month $2,500 0.50% 0.50%
30 month $2,500 0.75% 0.75%
36 month $2,500 1.25% 1.26%
42 month $2,500 1.50% 1.51%

 
Interest on CDs and IRAs accrue daily and is compounded quarterly.
* the minimum to open is the minimum balance to obtain the APY.
** additional deposits can be made anytime in increments of $25.
a penalty may be imposed for early withdrawal. call or visit a customer service representative for more details.

money market deposit account (mmda)*

minimum deposit to open account $2,500

Tier Amount Rate APY
1 $1,000 - $2,499.99 0.02% 0.02%
2 $2,500 - $19,999.99 0.02% 0.02%
3 $20,000 - $49,999.99 0.05% 0.05%
4 $50,000 and over 0.10% 0.10%

 
$1,000 minimum to earn interest. interest accrues daily and is compounded monthly.

NOW accounts*

  minimum deposit to open account rate apy
now $500 0.01% 0.01%
safekeeping now $500 0.01% 0.01%

 
$1,000 minimum to earn interest. interest accrues daily and is compounded monthly.

Savings Account*

  minimum deposit to open account rate apy
statement savings $100 0.05% 0.05%
christmas club $5 0.05% 0.05%

 
$250 minimum for Statement Savings to earn interest. interest accrues daily and is compounded quarterly.
$5 minimum for Christmas Club to earn interest. Interest accrues daily and compounded annually.
* the interest rate varies and may change after the account is opened.
* fees could reduce the earnings on an account.

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To become better acquainted with F&M Bank and Trust Company, call us toll free at 877-221-6424 or stop in. We're here to help!

505 Broadway
PO Box 938
Hannibal, MO 63401

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Routing number (281573013)

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