Simply Savings

  • Minimum Opening Deposit: $50.00
  • Service Charge will be Assessed
  • Minimum Daily Balance to Avoid Fee: $50.00
  • Quarterly Service Charge: $5.00
  • Earns Interest on Daily Basis
  • Interest Compounded and Credited Monthly
  • Free - Online Banking and Bill Pay
  • Free - Online Transfers Between Accounts
  • Free - Debit Card
  • Unlimited Debit Card Usage
  • No Fees at Farmers & Merchants Bank ATMs
  • Only 6 pre-authorized transfers each statement period (this includes POS transactions, transfers by check, or transfers by draft)
  • Unlimited Transfers and Withdrawals Made in Person, by Messenger, Mail or at and ATM

Platinum Money Market

  • Minimum Opening Deposit: $1500.00
  • Service Charge Assessed
  • Minimum Daily Balance to Avoid Fee: $1500.00
  • Service Charge: $15.00
  • Tiered Interest
  • Competitive Interest Rates on Balances With a Tiered Account Structure
  • Interest is Compounded and Credited Monthly
  • A Monthly Maintenance Fee of $15.00 Will be Imposed if the Daily Balance in the Account Falls Below $1500.00 Any Day of the Month
  • Monthly Statements
  • Free - Online Banking and Bill Pay
  • Free - Online Transfers Between Accounts
  • Free - Debit Card
  • Unlimited Debit Card Usage
  • No Fees at Farmers and Merchants Bank ATMs
  • Only 6 Pre-Authorized Transfers Each Statement Period. This Includes: POS Transactions, Transfers by Check or Transfers by Draft
  • Unlimited Transfers and Withdrawals Made in Person, by Messenger, Mail or at an ATM

Christmas Club

  • Minimum Opening Deposit: $1.00
  • No Service Charge Assessed*
  • Minimum Daily Balance to Avoid Fee: $1.00
  • No Service Charge
  • Interest Bearing
  • Interest Will be Compounded and Credited to Account
  • The Annual Percentage Yield Assumes Interest Will Remain on Deposit Until Maturity
  • If Account is Closed Before Interest is Credited, Accrued Interest Will Not Be Received
  • Check Will be Sent to Account Owner at End of Club Period, November 1st Of Each Year
  • No Withdrawals Permitted Before End of Club Period
  • Account Will Not Renew Automatically At Maturity

Tax Time

  • Minimum Opening Deposit: $5.00
  • No Service Charge Assessed*
  • Minimum Daily Balance to Avoid Fee: $5.00
  • No Service Charge
  • Interest Bearing
  • Interest Will be Compounded and Credited to Account
  • The Annual Percentage Yield Assumes Interest Will Remain on Deposit Until Maturity
  • If Account is Closed Before Interest is Credited, Accrued Interest Will Not Be Received
  • Check Will be Sent to Account Owner at End of Club Periods, May 1st and November 1st of Each Year
  • No Withdrawals Permitted Before End of Club Period
  • Account Will Renew Automatically at Maturity


View Current Rates


Note: If you account becomes inactive for more than 3 years, we may charge your account a dormant fee of $5.00 per month.

*You may not make withdrawals from your account until the maturity date. If you close your account before interest is credited, you will not receive the accrued interest.
**The monthly maintenance fee of $2.79 will not be imposed if you are under the age of 18