FLY THE COOP WITH CONFIDENCE.
Meet the Dream Builder Account.
An open door to the rest of your life.
It’s never too late (or too early)to start down a path of financial security. With the Dream Builder Account—built to grow with you from ages 0-21— you can save more for the future you want without any hassle and keep reaching for the moon!
With $25 account opening bonus and a 5.00% interest rate on deposits up to $500, you take your next big steps with confidence.
The best part? The Dream Builder Account comes with a wealth of knowledge to help you stay on the right path, so you can have peace of mind knowing that F&M is there to guide and provide for you, 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) |
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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 8/16/2023 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.
