Customers of Farmers and Merchants Bank can choose from a variety of accounts depending on the initial investment and liquidity needs and earn a competitive interest rate from the day the deposit has been made. The $1000 is required to open the account. Corresponding rates and terms that range from 7 days to 47 months. The minimum required to open a Jumbo CD is $100,000. Corresponding rates and terms for Jumbo CDs range from 31 days to 23 months with higher interest rates offered for Jumbo CDs The Jumbo CD's have no monthly maintenance fees and are FDIC insured.
| Type | Today | Week Ago |
|---|---|---|
| 6 month CD |
0.85%  |
0.86% |
| 1 year CD |
1.13% |
1.15% |
| 5 year CD | 2.44% | 2.44% |
| 5 year IRA |
2.40% |
2.41% |
The rate information on this page is powered by Informa Research Services, Inc. © 2008, and was last updated 11/06/2009 5:02:50 AM. This information has been obtained from various financial institutions, and Informa Research Services cannot guarantee its accuracy. The information includes financial product data that was in the Informa Research Services database at the time of publication, and may not reflect all of the products available in your region. Before acting on the information shown on this page, contact the financial institution to verify the accuracy of the data. When contacting financial institutions, always mention FiLife.com to ensure you receive the preferred Internet rate. Contact pduncan@informars.com to have your rates included in this chart.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13% |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
