Please contact us at (309) 584-4146 in Joy, or (217) 379-4343 in Paxton if you have questions or would like to schedule an appointment.
Please refer to our locations page for branch availability and hours.
Joy: 309-584-4146 | Paxton: 217-379-4343 | customerservice@fmbankil.com
field, sun rise and blue sky
| 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 0.35% | Annual Percentage Yield 0.35% | Interest Paid Monthly |
Minimum Balance $10,000.00 | Interest Rate 0.35% | Annual Percentage Yield 0.35% | ||
Minimum Balance $25,000.00 | Interest Rate 0.40% | Annual Percentage Yield 0.40% | ||
Account | Minimum Balance $50,000.00 | Interest Rate 0.50% | Annual Percentage Yield 0.50% | |
Account *Regular Savings | Minimum Balance $100.00 | Interest Rate 0.20% | Annual Percentage Yield 0.20% | Interest Paid Quarterly |
Account *Health Savings | Minimum Balance $0.00 | Interest Rate 1.50% | Annual Percentage Yield 1.51% | 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 0.60% | Annual Percentage Yield 0.60% | Interest Paid Monthly |
Account **182 DAY CD | Minimum Balance $1,000.00 | Interest Rate 0.70% | Annual Percentage Yield 0.70% | Interest Paid Monthly |
Account **12 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.75% | Annual Percentage Yield 0.75% | Interest Paid Monthly |
Account **18 MO. CD | Minimum Balance $1,000.00 | Interest Rate 0.80% | Annual Percentage Yield 0.80% | Interest Paid Monthly |
Account **24 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.00% | Annual Percentage Yield 1.01% | Interest Paid Monthly |
Account **30 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.65% | Annual Percentage Yield 1.66% | Interest Paid Monthly |
Account **36 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.10% | Annual Percentage Yield 1.11% | Interest Paid Monthly |
Account **48 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.50% | Annual Percentage Yield 1.51% | Interest Paid Monthly |
Account **60 MO. CD | Minimum Balance $1,000.00 | Interest Rate 1.60% | Annual Percentage Yield 1.61% | 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 March 17, 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 March 17, 2020, and is subject to change without notice. Penalty may be imposed for early withdrawal. All Certificate of Deposit terms are available for IRAs.