Personal Savings
Farmers & Merchants offers you everything a large bank does and more. With any of our Personal Savings accounts you’ll get great rates and friendly customer service to match. Plus, free online banking, mobile banking and e-statements. It’s another smart service designed just for you.
Pick from these Personal Savings accounts to best fit your financial goals.
Savings
- $10 minimum deposit to open
- Interest rate based on tiered balances (see rates)
- No monthly fee if $200 daily balance is maintained
- One debit/month free, $0.50/debit thereafter
- $2/monthly fee if daily balance falls below $200
Youth Savings
- For youth under 19 years old
- $10 minimum balance to open
- Interest rate based on tiered balances (see rates)
- No monthly fee if $25 daily balance is maintained
- One debit/month free, $0.50/debit thereafter
- $2/monthly fee if daily balance falls below $25
- Account converts to Passbook Savings at age 19
Money Market
- No monthly fee if $2,500 daily balance is maintained
- Interest rate based on tiered balances (see rates)
- Six debits/month free, $7/debit thereafter
- $8.50/monthly fee if daily balance falls below $2,500
Certificates of Deposit
- $1,500 minimum deposit to open
- Interest rates vary with term (see rates)
Health Savings
- No minimum deposit to open
- Interest rate based on tiered balances (see rates)
- No daily balance requirement
- $3/monthly fee waived if signed up for internet banking or emailed statements
- Free debit card and first order of basic checks are free
Individual Retirement Accounts (IRAs)
- Traditional and Roth IRAs available
- Choose from variable or fixed rate options
- Interest rates vary with type & term (see rates)
Stop by to open your new savings account today! Plus, find out more about our Classic VIP Club for account holders aged 55+ and our Star Savers program for customers, ages 0-18.
Farmers & Merchants Bank – Smart Bank. Smart You.