ALL FARMERS STATE BANK LOCATIONS WILL BE CLOSED MONDAY, MARCH 16TH DUE TO SEVERE WEATHER.
NORMAL BANKING HOURS WILL RESUME ON TUESDAY, MARCH 17TH.
CD Terms, Balances, and Rates
Certificate of Deposit (CDs) Rates
| Term | Minimum Balance | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|---|
| 6 month* | $2,500.00 | 1.35% | 1.35% | Simple Interest |
| 7 month Special* | $1,000.00 | 3.57% | 3.60% | Simple Interest |
| 12 month | $1,000.00 | 2.90% | 2.90% | Simple Interest |
| 13 month Special | $1,000.00 | 3.50% | 3.50% | Simple Interest |
| 18 month | $1,000.00 | 2.60% | 2.60% | Simple Interest |
| 24 month | $1,000.00 | 2.60% | 2.60% | Simple Interest |
| 36 month | $1,000.00 | 2.60% | 2.60% | Simple Interest |
| 48 month | $1,000.00 | 2.70% | 2.70% | Simple Interest |
| 60 month | $1,000.00 | 2.85% | 2.85% | Simple Interest |
Apply Today
To apply for your Certificate of Deposit (CD), please fill out our online application. A Personal Banker will contact you to finalize the paperwork and answer any questions you may have.
