BUSINESS CERTIFICATE OF DEPOSIT
Pick a term, lock in a rate and let it grow.
- HOME
- BUSINESS AND AGRICULTURE
- BANK
- SAVINGS
- BUSINESS CERTIFICATES OF DEPOSIT (CDS)
Grow your investments with a business bank invested in your success.
Can’t be bothered with shifting interest rates? Find a good rate and lock it in with a certificate of deposit (CD) from F&M Bank. Just pick a term, lock in the rate and let the CD do the rest. This popular personal finance tool works just as well with business funds. And a CD lets you earn interest on cash reserves while maintaining cash flow and guarding against the ups and downs of the market.
- Lock in a fixed rate for your choice of terms from 91 days to 60 months
- No setup or maintenance fees required
- Account renews automatically upon maturity
Build a CD ladder.
New to this savings strategy? A ladder lets you spread your investment over CDs of different terms and maturity dates. (Remember, the longer the term, the higher the interest rate.) How do you build it? Let’s say you have $10,000 to invest. Just to keep things simple, you could split that amount into two $5,000 CDs of different term lengths. Or make four $2,500 investments in CDs of varying lengths, like two in short-term CDs and two with longer terms. When the short-term certificates mature, you reinvest the original amount (plus interest earned) in a longer term certificate. Simply repeat that strategy each time a CD matures, moving up the ladder and multiplying yields as you go.
EARN BETTER RETURNS
Leverage fixed rates and higher yields for future savings goals.
KEEP THE SAVINGS GOING
The longer the term, the higher the rates.
GUARANTEED INVESTMENT
Avoid riskier investments with a guaranteed rate of return.
FLEXIBLE TERMS
Choose from a wide range of terms (from 91 days to 60 months).
NO UNNECESSARY FEES
No setup or maintenance fees required with account.
AUTOMATIC RENEWAL
Your account renews automatically upon maturity.
