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FMSB Money Market Rates
Want to earn a great rate on your investment dollars and still have access to your funds on a regular basis? Then consider a
FMSB Money Market
account with Farmers & Merchants Savings Bank.
With as little as $5,000 to open your investment account, you can earn a competitive return (see rate report below) and still have access to your funds on a regular basis. Additional deposits are welcome at any time and interest is credited and compounded monthly.
FMSB Money Market Current Interest Rates as of
(Jun-19-13)
Interest rates may vary and fees could reduce earnings
$5,000 minimum deposit required to open an account
|
Account Balance Tier
|
Annual Percentage Yield
|
Interest Rate
|
|
$0.00 - $4,999.99 |
.25%
|
.25%
|
|
$5,000.00 - $24,999.99 |
.50%
|
.50%
|
|
$25,000.00 - $49,999.99 |
.60%
|
.60%
|
|
$50,000 and above |
.70%
|
.70%
|
Certificate of Deposit Rates
FMSB Current CD Rate Report as of
(Jun-19-13)
$500 minimum deposit required to open an account
Fees could reduce earnings on the account • Subject to early withdrawal
penalty
|
Term
|
Annual Percentage Yield
|
Interest Rate
|
|
6 Month
|
.50%
|
.50%
|
|
12 Month
|
.70%
|
.70%
|
|
24 Month
|
1.00%
|
1.00%
|
|
36 Month
|
1.10%
|
1.10%
|
48 Month
*One rate change allowed during the first term.
|
1.00%
|
1.00%
|
Individual Retirement Account Rates
FMSB Current IRA Rate Report as of
(Jun-19-13)
Term – 12 Month
No minimum deposit required to open an account
Fees could reduce earnings on the account • Subject to early withdrawal
penalty
|
Type of Account
|
Annual Percentage Yield
|
Interest Rate
|
Variable Rate IRA
(Rate may change monthly)
|
.90%
|
.90%
|
|
Fixed Rate IRA
|
.90%
|
.90%
|
HSA Checking (Health Savings Account)
FMSB Current HSA Checking Report as of
(Jun-19-13)
$50 minimum deposit required to open an account
Interest rates may vary and fees could reduce earnings
|
Account Balance Tier
|
Annual Percentage Yield
|
Interest Rate
|
|
$0.00 - $499.99 |
.25%
|
.25%
|
|
$500.00 - $9,999.99 |
.40% |
.40%
|
|
$10,000 and above |
.90%
|
.90%
|
|
