Home Personal
Deposit Rates
Current Interest Rates
Rates are current as of April 1st, 2025
Rates are subject to change at any time.
Certificate of Deposits/IRAs
Special Certificate of Deposits/IRAs
Consumer Checking Accounts
Consumer Savings Accounts
Commercial Checking Accounts
Commercial Savings Accounts
Certificates of Deposits/IRAs| Maturity |
|---|
| 6 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 1.52% |
| Interest Rate | 1.50% |
| 12 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 3.09% |
| Interest Rate | 3.00% |
| 24 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 3.19% |
| Interest Rate | 3.10% |
| 36 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 2.83% |
| Interest Rate | 2.75% |
| 48 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 2.83% |
| Interest Rate | 2.75% |
| 60 Month |
|---|
| Minimum Opening Amount | $2,500 |
| Annual Percentage Yield | 2.83% |
| Interest Rate | 2.75% |
Certificates of Deposits/IRAs| Maturity | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| 6 Month | $2,500 | 1.52% | 1.50% |
| 12 Month | $2,500 | 3.09% | 3.00% |
| 24 Month | $2,500 | 3.19% | 3.10% |
| 36 Month | $2,500 | 2.83% | 2.75% |
| 48 Month | $2,500 | 2.83% | 2.75% |
| 60 Month | $2,500 | 2.83% | 2.75% |
Certificates of Deposits/IRAs| Maturity |
|---|
| 6 Month Special |
|---|
| Minimum Opening Amount | $25,000 |
| Annual Percentage Yield | 4.10% |
| Interest Rate | 4.00% |
Certificates of Deposits/IRAs| Maturity | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| 6 Month Special | $25,000 | 4.10% | 4.00% |
Savings/Interest Bearing Demand Deposits| Type |
|---|
| Direct Checking |
|---|
| Minimum Opening Amount | $5 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
| Regular NOW |
|---|
| Minimum Opening Amount | $100 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
| Money Market Plus |
|---|
| Minimum Opening Amount | $100 |
| Annual Percentage Yield | 0.04% |
| Interest Rate | 0.04% |
Savings/Interest Bearing Demand Deposits| Type | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| Direct Checking | $5 | 0.01% | 0.01% |
| Regular NOW | $100 | 0.01% | 0.01% |
| Money Market Plus | $100 | 0.04% | 0.04% |
Premier Money Market*
Premier Money Market| Minimum Balance to Earn APY |
|---|
| $0.01 - $49,999.99 |
|---|
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
| $50,000.00 - $99,999.99 |
|---|
| Annual Percentage Yield | .90% |
| Interest Rate | .90% |
| $100,000.00 - $249,999.99 |
|---|
| Annual Percentage Yield | 1.16% |
| Interest Rate | 1.15% |
| $250,000.00 or More |
|---|
| Annual Percentage Yield | 1.41% |
| Interest Rate | 1.40% |
Premier Money Market| Minimum Balance to Earn APY | Annual Percentage Yield | Interest Rate |
|---|
| $0.01 - $49,999.99 | 0.01% | 0.01% |
| $50,000.00 - $99,999.99 | .90% | .90% |
| $100,000.00 - $249,999.99 | 1.16% | 1.15% |
| $250,000.00 or More | 1.41% | 1.40% |
$25,000 minimum balance to open and maintain to avoid minimum balance fees.
Savings/Interest Bearing Demand Deposits| Type |
|---|
| Statement Savings |
|---|
| Minimum Opening Amount | $50 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
| Galaxies Unlimited |
|---|
| Minimum Opening Amount | $10 |
| Annual Percentage Yield | 0.05% |
| Interest Rate | 0.05% |
| Junior Savers |
|---|
| Minimum Opening Amount | $10 |
| Annual Percentage Yield | 0.02% |
| Interest Rate | 0.02% |
| Christmas Club |
|---|
| Minimum Opening Amount | $10 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
Savings/Interest Bearing Demand Deposits| Type | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| Statement Savings | $50 | 0.01% | 0.01% |
| Galaxies Unlimited | $10 | 0.05% | 0.05% |
| Junior Savers | $10 | 0.02% | 0.02% |
| Christmas Club | $10 | 0.01% | 0.01% |
Savings/Interest Bearing Demand Deposits| Type |
|---|
| Commercial Checking with Interest |
|---|
| Minimum Opening Amount | $750 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
| Commercial Money Market Plus |
|---|
| Minimum Opening Amount | $100 |
| Annual Percentage Yield | 0.04% |
| Interest Rate | 0.04% |
| Commercial Premier Money Market $250,000.00 minimum balance to open and maintain to avoid minimum balance fees. |
|---|
| Minimum Opening Amount | $0.01-$249,999.99 $250,000.00-$999,999.99 $1,000,000.00 or More |
| Annual Percentage Yield | 0.04% 1.26% 3.25% |
| Interest Rate | 0.04% 1.25% 3.20% |
Savings/Interest Bearing Demand Deposits| Type | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| Commercial Checking with Interest | $750 | 0.01% | 0.01% |
| Commercial Money Market Plus | $100 | 0.04% | 0.04% |
| Commercial Premier Money Market $250,000.00 minimum balance to open and maintain to avoid minimum balance fees. | $0.01-$249,999.99 $250,000.00-$999,999.99 $1,000,000.00 or More | 0.04% 1.26% 3.25% | 0.04% 1.25% 3.20% |
Commercial Savings Accounts*
Savings/Interest Bearing Demand Deposits| Type |
|---|
| Commercial Statement Savings |
|---|
| Minimum Opening Amount | $50 |
| Annual Percentage Yield | 0.01% |
| Interest Rate | 0.01% |
Savings/Interest Bearing Demand Deposits| Type | Minimum Opening Amount | Annual Percentage Yield | Interest Rate |
|---|
| Commercial Statement Savings | $50 | 0.01% | 0.01% |
Additional Information
At our discretion, interest rates and annual percentage yields paid to you on a Savings, Money Market, or interest-bearing checking account may change at any time without notice. In addition, your account may be subject to fees which would reduce the earnings on the account.
On Certificates of Deposit / IRAs a penalty may be imposed for early withdrawal. Fees could reduce earnings.
An IRA Trustee Fee may be imposed upon transfer outside of Farmers & Merchants Bank & Trust.
APY = Annual Percentage Yield
*No minimum balance required to earn interest.
For more information on deposit insurance, visit the FDIC's website.
