During this time, we understand how important digital banking technology is for our customers. We have responded with new enhancements to your banking experience. We are excited to introduce our new and improved website, launching on Saturday, September 19. We do not anticipate any service interruptions to our digital technology during this conversion. You will continue to use your existing login credentials on the new site as you use today.
Joy: 309-584-4146 | Paxton: 217-379-4343 | customerservice@fmbankil.com
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| Account | Minimum Balance | Interest Rate | Annual Percentage Yield | Interest Paid |
|---|---|---|---|---|
Account *Interest Checking/Business Interest Checking | Minimum Balance $750.00 | Interest Rate 0.10% | Annual Percentage Yield 0.10% | Interest Paid Monthly |
Account *Club Interest Checking | Minimum Balance $750.00 | Interest Rate 0.10% | Annual Percentage Yield 0.10% | Interest Paid Monthly |
Account *Money Market/Business Money Market | Minimum Balance $1,000.00 | Interest Rate 0.20% | Annual Percentage Yield 0.20% | Interest Paid Monthly |
Minimum Balance $10,000.00 | Interest Rate 0.20% | Annual Percentage Yield 0.20% | Interest Paid Monthly | |
Minimum Balance $25,000.00 | Interest Rate 0.25% | Annual Percentage Yield 0.25% | Interest Paid Monthly | |
Account | Minimum Balance $50,000.00 | Interest Rate 0.30% | Annual Percentage Yield 0.30% | Interest Paid Monthly |
Account *Regular Savings | Minimum Balance $100.00 | Interest Rate 0.15% | Annual Percentage Yield 0.15% | Interest Paid Quarterly |
Account *Health Savings | Minimum Balance $0.00 | Interest Rate 1.00% | Annual Percentage Yield 1.01% | Interest Paid Monthly |
Account **No Maturity IRA | Minimum Balance $100.00 | Interest Rate 0.15% | Annual Percentage Yield 0.15% | Interest Paid Monthly |
Account **91 DAY CD | Minimum Balance $1,000.00 | Interest Rate 0.20% | Annual Percentage Yield 0.20% | Interest Paid Monthly |
Account **182 DAY CD | Minimum Balance $1,000.00 | Interest Rate 0.65% | Annual Percentage Yield 0.65% | Interest Paid Monthly |
Account **12 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.45% | Annual Percentage Yield 0.45% | Interest Paid Monthly |
Account **18 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.50% | Annual Percentage Yield 0.50% | Interest Paid Monthly |
Account **24 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.60% | Annual Percentage Yield 0.60% | Interest Paid Monthly |
Account **30 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.00% | Annual Percentage Yield 1.01% | Interest Paid Monthly |
Account **36 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.70% | Annual Percentage Yield 0.70% | Interest Paid Monthly |
Account **48 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.75% | Annual Percentage Yield 0.75% | Interest Paid Monthly |
Account **60 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.80% | Annual Percentage Yield 0.80% | Interest Paid Monthly |
Account Details: Minimum Balance listed is needed to open account and earn stated APY. Interest is compounded daily and paid at the frequency listed.
*Annual Percentage Yield is accurate as of August 19, 2020, and is subject to change without notice. Rate may change after account is opened. Fees could reduce earnings.
**Annual Percentage Yield is accurate as of August 19, 2020, and is subject to change without notice. Penalty may be imposed for early withdrawal. All Certificate of Deposit terms are available for IRAs.