Green Money Market and Green Savings Accounts 

 

 

First FarmBank believes in rewarding customers for trusting us with multiple banking accounts and services. The more accounts you have with us the more you can earn with our Green Accounts relationship benefits package. Here’s how to earn relationship benefits:

  1. Open or have a non-interest bearing checking account with First FarmBank and earn an additional .20%*
  2. Open or have an interest bearing account, CD, or loan with First FarmBank and earn an additional .10%*
  3. Establish a monthly ACH electronic credit to your Green Money Market or Green Savings Account and earn an additional .05%*

*Relationship benefits are subject to removal if the ACH credits are removed or the accounts or loans are close

 Green Money Market

  • Up to six (6) withdrawals are allowed per month, withdrawals may be made by check.
  • Interest is credited to your account monthly
  • Maintain your balance at $1,000 or greater in order to earn a higher interest rate

Green Savings

  • Up to six (6) withdrawals are allowed per month, withdrawals may be made by check.
  • Interest is credited to your account quarterly
  • Maintain a monthly balance of $1,000 or greater in order to earn a higher interest rate

Personal Savings/Money Market Comparison

 Green SavingsGreen Money Market
Minimum Opening Deposit $100 $100
Minimum Balance Requirement No No
Monthly Service Charge No No
Earns Interest Yes Yes
Interest Payment Schedule Quarterly Monthly
Check Writing Allowed No Yes
Interest Rate Adjustments Earn a higher interest rate on balances on $1,000 or higher Earn a higher interest rate on balances on $1,000 or higher
Online Banking Available Yes Yes

 

 

Back to Top