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Annual Percentage Yield (APY) Effective April 11, 2024.

In-House Specials - Certificates of Deposit

Term Minimum Deposit to Open Account* Interest Rate Annual Percentage Yield (APY)*
9 month $5,000 4.81% 4.90%
14 month $5,000 4.50% 4.58%
20 month $5,000 4.25% 4.32%

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 1.50% 1.51%

 

 

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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