Building a strong financial future
Block by block.
Meet the Dream Builder Account.
The head start your little one deserves.
Your little dreamer is just starting out. Give them the gift of financial support from birth all the way through age 21 with the Dream Builder Account. This innovative account offers more than most, with benefits like:
- $10 birthday gift up to age 12
- $25 opening bonus
- 5.00% interest rate on deposits up to $500
The best part? The Dream Builder Account comes with a wealth of financial knowledge to help your little one stay on the right path, so you can have peace of mind knowing that F&M is there to guide and provide for your child, every step of the way.
The Dream Builder Account
Designed to help your child build a strong financial roadmap, every step of the way.
| Compare | Building Blocks (AGES 0-12) | Building Know-How (AGES 13-15) | Building Steam (AGES 16-18) | Building Opportunity (AGES 19-21) |
|---|---|---|---|---|
| Minimum to Open Account | $25 | $25 | $25 | $25 |
| Initial Deposit Bonus | $25 | $25 | $25 | $25 |
| Interest Rate Tier 1 (balances up to $500) | 5.00% | 5.00% | 5.00% | 5.00% |
| Annual Percentage Yield (APY) (balances up to $500) |
|
5.12% | 5.12% | 5.12% |
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0.01% | 0.01% | 0.01% | |
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0.01% | 0.01% | 0.01% | |
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2.56% – 5.12% | 2.56% – 5.12% | 2.56% – 5.12% | |
| Up to $10/month* | Up to $10/month* | Up to $10/month* | ||
| $10 | ||||
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| Mobile Banking | Parents Only | Parents Only | ||
| $5,000/daily | $5,000/daily | $5,000/daily | ||
| Adult on Account | Optional |
Annual Percentage Yield (APY) subject to change. This is a variable rate that is subject to change after the account has been opened. Fees may reduce the earnings on the account. Interest rate and APY are accurate as of 7/15/24 and calculated on an account balance of $1,000. Tier 1 – If your daily balance is $500 or less, the interest rate paid on the entire balance in your account will be 5.00% with an APY of 5.12%. Tier 2 – if your daily balance is greater than $500, the interest rate paid on the balance greater than $500 in your account will be 0.01% resulting in APYs ranging from 2.56%-5.12% (assuming a maximum account balance of $1,000).
Birthday reward will be deposited at the end of the monthly statement cycle following the birthday each year.
Only parents/guardians can register for Online and Mobile Banking in the Building Blocks benefit category. Message and data rates may apply.
Parents/guardians cannot register for Bill Payment until the minor is of the age of 16.
