Lots of us dream that we’ll start investing “one day” – when we’re the right age, or have the right amount of money, or the market is just right. But what if you could start investing right now?

Now is the right time. Rising interest rates aren’t necessarily a bad thing, and you can put them to work in your own checking account!

F&M Bank announces two new Performance Accounts designed to meet your investing needs at different checking account balance levels:

Performance Checking accounts pay a rate as high as 4% Annual Percentage Yield (APY)¹ when account holders meet eligibility requirements during the statement cycle.

Performance Money Market accounts pay a rate of 6% APY² on balances of at least $1 million and come with advantages that include flexibility, safety and convenient access.

Start taking advantage of the flexibility these premium interest rates have to offer, all while feeling secure with managing your money wherever and whenever you need to. Contact F&M Bank today to learn more about how these accounts can get you on a strong investing path. Call 931-552-7750 or stop by one of their six Clarksville locations.

While you’re doing business with F&M Bank, you can be sure that they’re doing what they can to keep the world greener with:

  • Electronic vs. paper statements.
  • Digital banking vs. driving to a physical location.
  • Using a debit card vs. paper checks.
  • Automated payments vs. traditional.

When you perform well, you expect to be acknowledged. These Performance Checking and Money Market accounts recognize customers who go the extra mile.

¹Performance Checking: 4.00% annual percentage yield (APY) is paid on balances up to $25,000. APY of 2.50% is paid on the portion of the balance greater than $25,000. If the customer does not meet eligibility requirements, the APY paid on the entire balance will be 0.50%. See eligibility requirements at myfmbank.com/performance-checking. APY calculations are based on an assumed balance of $100,000 and assumed statement cycle of thirty (30) days. The APY is accurate as of September 30, 2023, and is subject to change after the account is opened. Limit of two (2) accounts per household. Minimum opening balance is $250. Fees may reduce earnings on this account. ²To open the account, you must deposit a minimum of $250.00. A minimum balance fee of $12.00 will be charged every month the balance in the account falls below $2,500.00. The interest rate and annual percentage yield (APY) for your account depend on the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. A minimum account balance of $1.00 is required to earn interest. Tier 1. If your daily balance is $0.00 up to $24,999.00 you will earn an interest rate of 0.99% and an APY of 1.00%. Tier 2. If your daily balance is $25,000.00 up to $49,999.00 you will earn an interest rate of 2.47% with a 2.50% APY. Tier 3. If your daily balance is $50,000.00 up to $99,999.00 you will earn an interest rate of 3.44% with a 3.50% APY. Tier 4. If your daily balance is $100,000.00 up to $249,999.00 you will earn an interest rate of 3.93% with a 4.00% APY. Tier 5. If your daily balance is $250,000.00 up to $499,999.00 you will earn 4.89% with a 5.00% APY. Tier 6. If your daily balance is $500,00.00 to $999,999.00 you will earn 5.37% with a 5.50% APY. Tier 7. If you balance is $1,000,000.00 and greater you will earn 5.84% with a 6.00% APY. APY is accurate as of 09/20/2023. Your interest rate and annual percentage yield are subject to change. At our discretion, we may change the interest rate on your account. During any calendar month you may not make more than six (6) withdrawals or transfers. Exceeding six (6) withdrawals or transfers in a statement cycle will result in a $2.00 charge per transaction over six (6). Applicant must be 18 years of age or older to open an account. Applicants under the age of 18 applying for a checking account must have an adult co-owner (18 years of age or older) on the account. Fees may reduce earnings. All applicants must meet F&M Bank’s account opening requirements. Some restrictions may apply.