Built to Support Your Business at Every Stage.
F&M’s Advantage savings solutions are built to help your business manage cash with flexibility and confidence. Whether you’re keeping day-to-day reserves accessible or putting idle funds to work, these accounts are designed to support both liquidity and growth, all with FDIC-insured peace of mind.
From everyday reserves to long-term growth.
From setting aside operating funds to putting larger balances to work, F&M has business savings options built around how your business actually runs. Take a look at what's available and find the account that fits where you are today.
Advantage Savings
Simple, flexible access to your business cash.
A straightforward savings account designed for everyday business needs. Easily set aside operating funds, build reserves, and maintain full access when you need it.
Everyday Flexibility
Keep funds accessible* for daily operations and short-term needs.
*Subject to transaction limits; no debit card issued.
Simple Savings
No unnecessary complexity—just a reliable place to grow reserves.
Account Features
- $100 minimum opening deposit
- Earn interest on your entire balance, paid quarterly
- Avoid the $10 monthly service charge by maintaining a $100 minimum daily balance
- No monthly service charge for customers under the age of 18
- Free digital banking services, including eStatements, learn more.
- $5 fee per withdrawal/transfer over 6 per statement cycle; internal transfers between your own accounts are excluded.
Advantage Money Market
Earn more while keeping your funds within reach.
Ideal for higher balances or excess operating cash, this account helps your money work harder while still maintaining liquidity for business needs.
Higher Earnings
Maximize interest on larger balances and idle cash reserves.
Accessible Funds
Maintain liquidity while putting excess cash to work.*
*Subject to transaction limits; no debit card issued.
Account Features
- $100 minimum opening deposit
- Earn tiered interest on your entire balance, paid monthly
- Avoid the $15 monthly service charge by maintaining a $5,000 minimum daily balance
- Free digital banking services, including eStatements, learn more.
- $10 fee per withdrawal/transfer over 6 per statement cycle
- Complimentary Intro Pack of checks at account opening
Looking for longer-term earnings?
Business Certificates of Deposit
Secure your business’s future with flexible terms and peace of mind so you can plan ahead with confidence. CDs are a great way to earn funds that you don’t need immediate access to. Enjoy short-term or long-term commitments, competitive, fixed interest rates, and FDIC protection, all with just a minimum opening deposit of $1,000.
Interest rates are based on term length and can automatically renew upon maturity. Early withdrawal penalties apply.
Streamline and strengthen your cash flow.
Treasury Management tools designed to help your business move, manage, and monitor funds more efficiently.
Learn More
Let's find the right fit for your business.
Your business deserves a banking partner that grows with it. Come see us at any F&M branch and let's talk through the savings solutions that make the most sense for you.
Frequently Asked Questions
What do I need to open a business savings account?
You’ll need business registration documents, an Employer Identification Number (EIN), and a valid government-issued ID. Contact us or visit a local branch for specific requirements.
How much interest will I earn on my business savings account?
Interest rates vary by account type and market conditions. Visit our Current Rates page or contact us for details.
Are my business savings accounts FDIC insured?
Yes, F&M is an FDIC member, and your deposits are insured up to the maximum amount allowed by law.
Can I access my business savings account online?
Yes, both accounts offer free digital banking services for 24/7 access.