SAVINGS AND MONEY MARKET ACCOUNTS

Savings accounts to fit your everyday life…

At the Farmers Bank, we have the solutions you need to save for your future. We have the options that will help you meet your goals while you… spend more time living.

You can start saving today! This account allows you to earn interest on your money while saving for the future or just a rainy day.

  • Minimum deposit to open $100
  • eStatement available at no charge; paper statements $2 per statement period
  • Quarterly service charge of $3 if balance falls below $100 during the statement period
  • Quarterly dormant service charge $5 – account becomes dormant after two years with no activity and the balance is below $500

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This account gives you access to your money and pays competitive interest rates with the low volatility of an investment account

  • Minimum deposit to open $1,000
  • Minimum balance service charge – $10 if balance falls below $1,000 during statement period
  • eStatement available at no charge; paper statements $2 per statement period

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For larger investors, this account gives you access to your money, and pays even higher interest rates without the volatility of an investment account

  • Minimum deposit to open $15,000
  • Minimum balance service charge – $15 if balance falls below $15,000 during statement period
  • eStatement available at no charge; paper statements $2 per statement period

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A Christmas Club savings is a great way to help avoid financial strain and make the holiday season more enjoyable!

  • Minimum deposit to open $10
  • Maturity date is October 31st of each year
  • Withdrawal charge $25

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Our CDs are a good, long-range savings option.  With a minimum deposit of $1,000 you can open a CD from 1 month to 5 years.  The interest rate is very competitive and determined by the term chosen.

Save for retirement with an IRA.  Whether you are rolling over a company retirement plan or simply making annual contributions, consider an IRA.  Learn more at any of our branches.