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Farmers & Merchants Bank Homepage

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CDs & IRAs

CDs

6, 12, 24, 36, and 48 Month CDs

  • Competitive Interest Rates Guaranteed for Certificate Term
  • Competitive Monthly, Quarterly, Semi-Annual, and Annual Interest Payments Available
  • Competitive FDIC Insured Investment
  • Minimum Deposit to Open: $500.00
  • Interest Compounded Quarterly, Added Back to CD Quarterly
  • Automatic Renewal
  • Transaction Limitations

Dream Maker (36 Month)

  • Minimum Deposit to Open: $250.00
  • Interest Compounded Semi-Annually, Added Back to CD Semi-Annually 
  • Automatic Renewal
  • Transaction Limitations**
  • Competitive Interest Rate on Minimum Daily Balances of $250.00 and Over
  • Competitive Unlimited, Minimum $25.00 Deposits Allowed After Opening Account
  • Competitive Interest Compounded Semi-Annually
  • Competitive FDIC Insured Investment 

Bump Rate CD

  • Minimum Deposit to Open: $5,000.00
  • Interest Compounded Semi-Annually, Added Back to CD Semi-Annually 
  • Automatic Renewal
  • Transaction Limitations
  • This Certificate is not considered to be at a Fixed Interest Rate due to having the ability, at your discretion, to change the interest rate one time during the 3 year CD term to the current 3 year CD rate in effect at the time of change. 
  • Competitive FDIC Insured Investment

IRAs

6, 12, 24, 36, & 48 Month IRAs

  • Competitive Interest Rates Guaranteed for Certificate Term
  • Competitive Monthly, Quarterly, Semi-Annual, and Annual Interest Payments Available
  • Competitive FDIC Insured Investment
  • Minimum Deposit to Open: $500.00
  • Interest Compounded Semi-Annually, Added Back to IRA Semi-Annually
  • Automatic Renewal
  • Transaction Limitations

Bump Rate IRA (36 Month)

  • Minimum Deposit to Open: $5,000.00
  • Interest Compounded Semi-Annually, Added Back to IRA Semi-Annually 
  • Automatic Renewal
  • Transaction Limitations
  • This Certificate is not considered to be at a Fixed Interest Rate due to having the ability, at your discretion, to change the interest rate one time during the 3 year CD term to the current 3 year CD rate in effect at the time of change. 
  • Competitive FDIC Insured Investment

*This Certificate will automatically renew into a 6 month Certificate at the interest rate in effect at the time of renewal.
**Unlimited Deposits (Minimum of $25.00)
***This Certificate will automatically renew into a 12 month Certificate at the interest rate in effect at the time of renewal. 


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Online Account Opening

Whether you’re looking for checking or savings, we’ve got a variety of options. 

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Savings, Money Market & Club

Whether you want to simply save or open a Christmas Club account, look no further. We’ll hook you up.