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Gold Money Market

Features
  • Interest is compounded and credited monthly
  • Minimum balance of $500 to open and avoid maintenance fee
  • Competitive interest rate
  • Transfers are limited to 6 per month, with no more than 3 by check, minimum transfer amount is $250
Benefits
  • Convenience of check writing ability (minimum withdrawal $250.00)
  • Penalty Free withdrawal at any time
  • Increase income by earning interest

Maintenance Fee:  No fee if above $500.00. $10.00 if the minimum balance falls below $500.00

Transaction Fee:  $1.00 per item over three items per month

Account Statements:  Quarterly bank statements
 

FMSB Gold Money Market Current Interest Rates as of (Sep-07-10)
Interest rates may vary and fees could reduce earnings
$500 minimum deposit required to open an account
Account Balance Tier Annual Percentage Yield Interest Rate
$500,000.00 or more 1.00%-1.75% 1.00%
Less than $500,000 1.75% 1.74%
Member FDIC   * New Coverage
Farmers & Merchants Savings Bank has chosen to participate
in the FDIC Temporary Liquidity Guarantee Program
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