Our
savings programs, all FDIC insured, are all designed
to meet your needs whether you are just beginning,
or you are a seasoned investor. No matter what balance
you keep, Farmers and Merchants Bank has a savings
account that is right for you.
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Passbook Savings |
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No Monthly Service Charge |
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Earns Interest on Daily Balances of $5.00 and Over (See Current Interest Rates) |
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Passbook Updated with Each Transaction with Teller |
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Statement Savings |
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No Monthly Service Charge |
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Earns Interest on Daily Balance of $5.00 and Over (See Current Interest Rates) |
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Quarterly Statements |
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MRD Account |
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Earns Interest on Daily Balances of $1,000.00 and Over (See Current Interest Rates) |
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Minimum Daily Balance of $1,000.00 to Waive $15.00 Monthly Fee |
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Monthly Statements |
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Millenium Money Market Account |
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Competitive Interest Rates on Balances with a Tiered Account Structure( See Current Interest Rates) |
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Minimum Daily Balance of $2,500.00 to Waive $15.00 Monthly Fee |
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Monthly Statements |
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College Cash Savings |
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No Monthly Service Charge |
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Earns Interest on Daily Balances of $50.00 and Over (See Current Interest Rates) |
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Only Withdrawals Permitted Upon Proof of Account Owner Reaching Age 18 and/or Proof of High School Graduation |
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Christmas Club Savings |
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No Monthly Service Charge |
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Earns Interest on Daily Balances of $1.00 and Over (See Current Interest Rates) |
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Check Will Be Sent to Account Owner at End of Club Period (Generally early November) |
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No Withdrawals Permitted Before End of Club Period |
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Platinum Money Market Account |
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Competitive Interest Rates on Balances with a Tiered Account Structure( See Current Interest Rates) |
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Minimum Daily Balance of $10,000.00 to Waive $15.00 Monthly Fee |
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Monthly Statements |
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