A Certificate of Deposit (CD) is a great way to manage your money when you are able to set aside funds for a period of time. By investing in an F&M CD, you can maximize your interest rate and enjoy the security of FDIC insurance.
Benefits
- Choose from a number of terms that fit your needs.
- CDs typically pay higher interest rates than other savings products.
- Interest can be credited to your CD or to an F&M checking or savings account.
- Most accounts are FDIC-insured up to the maximum amount permitted by law.
- There is no charge to open a CD.
- An F&M CD can be used as collateral for an F&M loan.