F&M Trust: Money Management Account

Money Management Account

F&M Trust's Money Management Account gives you the flexibility and liquidity of a bank money market account and pays a market rate of interest. This FDIC-insured account pays a competitive rate of interest indexed to the 91-day Treasury Bill (discount rate), changing periodically to reflect market conditions.

Some investors use the Money Management Account who are uncomfortable riding out the stock market, or just as a place to park their money for a future investment. In addition, the Money Management Account offers:

Higher interest rates to customers with higher balances
Interest compounded daily on average daily collected balances over $2500
Maintain an average daily balance of $1000 to avoid the monthly service charge
Limited by law to six transfers and withdrawals, three of which may be by checks or other third party transactions
Access to your money using checks, ATM and Freedom Cards, through the Freedom Access Center, in person at any F&M Trust community office, or by clicking here for online banking

For current interest rates, click here.

Member FDIC

    Savings
    Money Management Accts
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    IRAs
    Health Savings