Checking Rates
Working for you.
While you are busy living your life your checking account can be earning interest. Use the chart below to select the account that is right for you.
APY = Annual Percentage Yield
We Offer A Variety of Services at The Farmers and Merchants Bank.
Checking Interest Rates
| APY | Interest Rate | Daily Minimum Balance to Obtain APY | Minimum Balance to Open Account | |
|---|---|---|---|---|
| Now | .02 | 02 | $1,000 | $1,000 |
| Super Now | .02 | 02 | $2,500 | $2,500 |
| .02 | 02 | $1,000 | $2,500 | |
| Premium Super Now | .05 | .05 | $500,000 | $25,000 |
| .03 | .03 | $250,000 | $25,000 | |
| .02 | .02 | $125,000 | $25,000 | |
| .02 | .02 | $250,000 | $25,000 | |
| .02 | .02 | $1,000 | $25,000 |
Effective 11/17/2022
The Premium Super Now, Super Now, and Now are variable rate accounts. The rate may change after the account is opened. Fees can reduce the earnings on accounts.