Savings Options

Statement Savings

Our Statement Savings is a safe and convenient way to save money. Save as little or as much as you want. A minimum of $50.00 is required to earn interest on this account. Your money is always available to you, plus it earns interest accrued daily.

Christmas Club Account

A great way to save for holiday expenses and earn interest too. Just put a little away each payday or on a monthly basis and take the worry out of holiday shopping. A check will be mailed to you at the end of October giving you plenty of time to choose those perfect gifts.

Farmers & Merchants Union Bank is participating in the FDIC's Transaction Account Guarantee Program. Under the program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. NOW accounts paying a higher rate of interest will not be eligible for the additional coverage under the program. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. On May 20, 2009, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.