Savings

It's never too late to start saving.

Whether you're saving for a rainy-day fund or a specific goal, First Farmers & Merchants Bank offers savings accounts that will meet your needs.

Apply for a savings account using the application linked below. A Customer Service Representative will be in touch to discuss your application.


Account Features

All of our savings' accounts have the following features:

  • Opening Deposit: $50
  • Minimum Balance to avoid monthly fee: $50
  • $5 monthly fee, waived if minimum balance is met 
Benefits
  • Earns interest
Contact your local branch for current interest rates.
  • Opening Deposit: $2,500
  • Minimum Balance to avoid monthly fee: $2,500
  • $10 monthly fee, waived if minimum balance is met 
Benefits
  • Earns a higher rate of interest
  • No fee for money orders or cashiers checks
Contact your local branch for current interest rates.
It's never too early to open a savings account for your child. Start saving for future goals and watch the money grow over time. Encourage your child to save regularly and instill good financial habits.*

  • Opening Deposit: $0
Benefits
  • No fees or minimum balance requirement
  • Earns interest
Contact your local branch for current interest rates.

*Primary account holder must be under 18 years of age to qualify. Minor Statement Savings account will convert to a Statement Savings account upon 18th birthday of primary account holder.