Savings Accounts

Personal Saving AccountOur savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Bright Future Savings

  • Minimum Balance to Open $10.00
  • No fees
  • Interest bearing account
  • Must be under the age of 18 to be eligible
  • FM BANK will deposit $10 for new customers
  • Make a deposit during your birthday week to earn a $10 deposit from FM BANK (MUST NOTIFY BANK)
  • Complete community service to earn a donation in your name up to $50 to the organization of your choice in the community

FM Advantage Savings

  • Minimum Balance to Open $50.00
  • Minimum Balance to Avoid Fees $50.00
  • Quarterly Maintenance Fee $1.00 if balance falls below minimum
  • Withdrawals $3.00 per debit in excess of 3 per month
  • Maintain a minimum of $100 average daily balance to earn interest
  • Interest Available
  • Students: high school or post-secondary, up to age 24, no service charge

FM Elite Money Market

  • Opening deposit of $1,000.00
  • Interest bearing
  • Maintain a minimum daily balance of $1,000.00 to obtain the disclosed Annual Percentage Rate
  • Quarterly service charge of $7.50 waived if a $1,000.00 daily balance is maintained
  • $6.00 per debit in excess of 6 per month.

IRA Variable Rate Savings

  • Opening deposit of $50
  •  Interest is credited quarterly
  • $5 quarterly service charge –waived if an automatic deposit plan is set-up or a $1,000 daily balance is maintained

Health Savings Account

  • No minimum balance
  • Maintain $100 daily balance to obtain the disclosed annual percentage interest rate
  • $3.50 monthly service charge
  • No annual fee
  • FREE automatic transfers, direct deposit and online banking
  • FREE e-statements. If a paper statement is preferred a monthly paper fee of $5 will be charged
  • Debit card available at no charge