| Accounts | Saver Friendly 1 | Regular Savings 2 | Certificates of Deposit (CDs) 3 |
|---|---|---|---|
Accounts Summary | Saver Friendly 1 Higher Rate available with Automatic Transfer1 | Regular Savings 2 Access to Farmers Account Features and Earn Interest | Certificates of Deposit (CDs) 3 Maximize your Earnings with a CD |
Accounts Interest Earned | Saver Friendly 1 Premium Rate | Regular Savings 2 Yes | Certificates of Deposit (CDs) 3 Yes |
Accounts Minimum Balance To Open | Saver Friendly 1 20.00 | Regular Savings 2 $20.00 | Certificates of Deposit (CDs) 3 $2,500.00 |
Accounts Minimum Balance to Avoid Service Charge Fee | Saver Friendly 1 20.00 | Regular Savings 2 $100.00 | Certificates of Deposit (CDs) 3 N/A |
Accounts Service Charge Fee if Balance is below Minimum | Saver Friendly 1 $10.00 | Regular Savings 2 $5.00
Charge waived for those ages 0-22 | Certificates of Deposit (CDs) 3 N/A |
Accounts Withdrawal Limits | Saver Friendly 1 Limit of 6 preauthorized transactions per month. Unlimited ATM Withdrawals | Regular Savings 2 Limit of 6 preauthorized transactions per month. Unlimited ATM Withdrawals | Certificates of Deposit (CDs) 3 Penalty of Early Withdrawal 3 |
Saver Friendly 1
Summary
Higher Rate available with Automatic Transfer1
Interest Earned
Premium Rate
Minimum Balance To Open
20.00
Minimum Balance to Avoid Service Charge Fee
20.00
Service Charge Fee if Balance is below Minimum
$10.00
Withdrawal Limits
Limit of 6 preauthorized transactions per month. Unlimited ATM Withdrawals
Regular Savings 2
Summary
Access to Farmers Account Features and Earn Interest
Interest Earned
Yes
Minimum Balance To Open
$20.00
Minimum Balance to Avoid Service Charge Fee
$100.00
Service Charge Fee if Balance is below Minimum
$5.00 Charge waived for those ages 0-22
Withdrawal Limits
Limit of 6 preauthorized transactions per month. Unlimited ATM Withdrawals
Certificates of Deposit (CDs) 3
Summary
Maximize your Earnings with a CD
Interest Earned
Yes
Minimum Balance To Open
$2,500.00
Minimum Balance to Avoid Service Charge Fee
N/A
Service Charge Fee if Balance is below Minimum
N/A
Withdrawal Limits
Penalty of Early Withdrawal 3
Online Banking
Competitive Rates
FDIC Insured
When your money is here, it's protected up to the maximum allowed by Law
Rates are subject to change at the bank’s discretion.
Annual percentage yield is APY.
Farmers Bank Account Features available to all Savings Accounts: Combined Statements, ATM Cards, Automatic Transfer between accounts, Free Internet Banking, Free eStatements.
Disclosures:
- Saver Friendly: Interest Rate/APY only available with at least one (1) monthly automatic transfer. Rate changes to .01% (.01% APY) with no automatic transfer. A minimum balance is not required. Rate effective 12/14/2017
- Regular Savings: Farmers Bank Account Features: Combined Statements, ATM Cards, and the convenience of Automatic Transfer between accounts.
- Certificates of Deposit: Combined Statements available. Penalty of Early Withdrawal before maturity of 6 month’s interests.