Premium Savings

When you’re looking for a balance of high-interest and accessibility, a Premium Savings Account can be the perfect tool to meet your needs. With a Premium Savings Account from F&M Bank, earn more interest as your balance grows to achieve your financial goals faster. 

What are Premium Savings Accounts?

Get more with a Premium Savings Account from F&M Bank. Our accounts offer special features and benefits including:

Competitive interest rates with interest compounded daily for boosted returns.
Easy account management with online and mobile banking.
Low balance requirements: $10 minimum balance to earn interest and $100 average balance to avoid quarterly service charge.
Service charges waived for minors, full time students, disabled, seniors over age 65, estates, and non-profit organizations.

Who are Premium Savings Accounts for?

Premium Savings Accounts can be a versatile savings tool for a wide range of needs. 

Looking for a high-yield savings account? With competitive rates, our Premium Savings Account can give your nest egg a boost.
Need an account with low minimum balance requirements? Savers who can maintain an average balance of just $100 can enjoy no quarterly fees.
Student, senior, minor, or nonprofit? Enjoy waived service charges to help meet your unique budget needs.

Open a Premium Savings Account with F&M Bank

Enjoy high-interest savings paired with the assurance of working with a trusted, local bank, right here in the Shenandoah Valley.

Opening a Premium Savings Account is easy and convenient at F&M Bank. Open your account online or visit your local branch today for personalized advice and one-on-one service.  

Apply Now

Interest earned is compounded daily, credited quarterly. Fees may reduce earnings.

FEDERAL REGULATION D: No more than six preauthorized or automatic transfers, telephone transfers, or transfers made by draft, debit card, or similar order payable to a third party may be made from a savings account to another account at the bank or to a third party in any calendar month. If you exceed, or attempt to exceed, these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer requests, and the bank may reclassify or close your account. However, there are no limits on the number of withdrawals paid directly to you when initiated in person, and no limit on the number of withdrawals paid directly to you when initiated by mail, telephone or messenger.