Investment Rates

Effective 11/17/2022

Grow your savings with our competitive investment rates.

  • APY = Annual Percentage Yield
  • Notice: Contact an employee for further information
  • Certificate of Deposit: A penalty will be imposed for early withdrawal

We Offer A Variety of Services at The Farmers and Merchants Bank.

Interest Rates

Term APY Interest Rate Minimum Balance to Obtain APY  CD Minimum Balance to Obtain APY CD/IRA Minimum Balance to Open Account CD Minimum Balance to Open Account CD/IRA
60 MOS. 0.65 0.65 $500.00 $100.00 $500.00 $100.00
60 MOS. 0.70 0.70 $10,000 $10,000 $10,000 $10,000
48 MOS. 0.42 0.42 $500.00 $100.00 $500.00 $100.00
48 MOS. 0.47 0.47 $10,000 $10,000 $10,000 $10,000
42 MOS. 0.27 0.27 $500.00 $100.00 $500.00 $100.00
42 MOS. 0.32 0.32 $10,000 $10,000 $10,000 $10,000
36 MOS. 0.32 0.32 $500.00 $100.00 $500.00 $100.00
36 MOS. 0.37 0.37 $10,000 $10,000 $10,000 $10,000
30 MOS. 0.18 0.18 $500.00 $100.00 $500.00 $100.00
30 MOS. 0.23 0.23 $10,000 $10,000 $10,000 $10,000
24 MOS. 0.13 0.13 $500.00 $100.00 $500.00 $100.00
24 MOS. 0.18 0.18 $10,000 $10,000 $10,000 $10,000
18 MOS. 0.07 0.07 $500.00 $100.00 $500.00 $100.00
18 MOS. 0.09 0.09 $10,000 $10,000 $10,000 $10,000
12 MOS. 0.05 0.05 $500.00 $100.00 $500.00 $100.00
12 MOS. 0.07 0.07 $10,000 $10,000 $10,000 $10,000
6 MOS. 0.03 0.03 $500.00 $100.00 $500.00 $100.00
6 MOS. 0.04 0.04 $10,000 $10,000 $10,000 $10,000
91 DAYS 0.02 0.02 $500.00 $100.00 $500.00 $100.00
91 DAYS 0.03 0.03 $10,000 $10,000 $10,000 $10,000