F&M Trust: Certificates of Deposits (CDs)

Certificates of Deposits (CDs)

Certificates of Deposits (CDs) For short-term vacation plans or lifelong investing, CDs offer maturity periods from 30 days to 5 years for predictability in income and interest. Combining security with greater earning potential, CDs generally return higher interest than savings or money market deposit accounts with FDIC insurance. With this investment, rates are set for a term that you choose.

Whether you are looking for a time-specific savings plan or a low-risk investment for your portfolio, CDs may be the right choice for you. In addition, CDs offer:

Minimum balance of $1000 to open
Automatic renewable feature
Interest compounds semi-annually on growth CDs Simple interest on income CDs Interest on income CDs can be credited to another F&M Trust account or distributed by check

You can access your CD balance, history, maturity date, interest rate, and more using F&M Trust Online Banking or the Freedom Access Center (telephone banking).

For a select listing of our CD terms and interest rates, click here.

(For other CD terms and current interest rates, please contact the nearest F&M Trust community office or call 264-6116, toll free 888-264-6116.)

Member FDIC

    Savings
    Money Management Accts
    CDs
    IRAs
    Health Savings