Savings & Money Market
Straightforward Savings Solutions That Grow With You
Saving is easier than ever with our fee-free accounts. Savings & money market accounts are FDIC insured.
Regular Savings Account
Enjoy no minimums and no service fees.
- Interest bearing
- ATM withdrawal card
- Free access to a complete online & mobile banking suite of products and services
- eStatements or paper statements
Kids Savings Account
Instill financial responsibility from the get-go. Designed for savers 0-17.
- No minimums or service fees
- High interest rate of 0.75%* APY
- Joint access
- Free access to a complete online & mobile banking suite of products and services
- eStatements or paper statements
*Rates subject to change at Farmers & Merchants Bank’s discretion without notice.
Christmas Club Account
A smart way to save extra cash just in time for the holidays.
- No minimums or service fees
- Earned interest is 0.15%* APY payable on balances up to but not exceeding $5,000.00
- Free access to a complete online & mobile banking suite of products and services
- Annual disbursement via automatic transfer will be completed in October
- eStatements or paper statements
*Rates subject to change at Farmers & Merchants Bank’s discretion without notice.
Health Savings Account
Prepare for expected and unexpected medical expenses with tax-free contributions.
- No minimums or service fees
- Debit card to use for qualified medical expenses
- Free access to a complete online & mobile banking suite of products and services
- eStatements or paper statements
*Maximum contributions vary year to year. Please refer to the HSA FAQ for current limits.
Money Markets
Offering competitive tiered interest rates to help grow your bank balance faster.
- Interest bearing
- Free access to a complete online & mobile banking suite of products and services
- eStatements or paper statements
- FDIC insured
Simple Savings Program
Looking to save even more? Making every penny count just got a whole lot easier with our Simple Savings Program, a free, automatic savings service that can be attached to any FMB checking account.
How does it work?
Anytime you make a purchase using your debit card, the purchase will round up to the nearest $1 and the difference will be deposited into your linked savings account. The transfer is not cash back but rather a transfer of your own money to help you easily and effortlessly build your savings account.
Learn More about the Simple Savings Program
Sign-Up Now for the Simple Savings Program