Skip Navigation

Savings Accounts

Description:

  • This account allows you to earn interest on your funds with no set maturity date.

Requirements:

  • Minimum balance to open account is $10.00.
  • Minimum balance to receive the annual percentage yield disclosed is $0.01

Benefits:

  • Earn interest on any balance in your account.
  • Ready access to your funds.
  • Interest is compounded and credited to your account quarterly.
  • Receive quarterly statements for your account.

Cost:

  • There are no costs associated with this account for minors.
  • For a non-minor owned account if the minimum balance is less than $50.00 there is a monthly service charge of $2.00.
Copyright © Farmers and Merchants State Bank of Alpha. All rights reserved. Member FDIC. Equal Housing Lender