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CDs & IRAs

Fixed Rate CDs and IRAs

There are thousands of ways you can save for the future. However, not all of them provide security and low-risk. There are savings solutions available to help your money grow while also protecting it from loss: CDs and IRA CDs.

At F&M Bank, our CDs and IRA CDs offer more than “competitive rates” and “flexible terms.” They are ways to help you save for your dream vacation, a new home or whatever you have planned for your future.

CD Options at F&M Bank

Both CDs and IRA CDs have a minimum opening deposit and minimum balance of $1,000. F&M Bank also offers jumbo CDs for deposits over $100,000. Jumbo CDs come in any term and require at least a $100,000 deposit. See full CD account information here.

CDs and IRA CDs come in various terms, including:

  • 0-5 months
  • 6-11 months
  • 12-23 months
  • 24-35 months
  • 36-47 months
  • 48-59 months
  • 60 months


In addition to an IRA CD, F&M Bank also offers IRA Savings accounts to help you save for retirement. Both IRA CD and IRA Savings are limited in the amount of money you can contribute in a year. These accounts are compounded quarterly, and may also be used as a tax deduction.*  For all other IRA needs, please contact our Wealth Management department.

Open Your CD or IRA Today

To open your CD or IRA at F&M Bank, simply stop by any F&M Bank location today.

*Please consult your tax advisor for this information.