Savings Accounts for Businesses
Anytime is a good time to start a Savings Account. Whatever your business needs may be, a Savings Account at F&M Bank will help get you on the way!
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Statement Savings
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Money Market Deposit Account
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| Minimum to Open
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$100
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$2,500
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| Required Minimum Balance to Avoid Maintenance Fee
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$100 each quarter
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$2,500 each month
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| Maintenance Fee
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$5
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$10
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| Earns Interest
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Yes - See Rates
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Yes - See Rates
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| Minimum to Earn Interest
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$250
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$1,000
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| Withdrawal Fees
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$1 per withdrawal in excess of 6/month**
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$1 per withdrawal in excess of 6/month**
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| Online Banking
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Free
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Free
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| Online Bill Pay
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Free
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Free
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| Mobile Banking
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Free
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Free
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| eStatements*
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| Combined Statements
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| 24 Hour Phone Banking
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Free
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Free
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* Click here to sign up for eStatements
** Federal Regulation limits the number of electronic debits (via telephone or internet) and third party checks to 6 per month.
*** Click here for the Funds Availability Disclosure