Farmers State Bank Interest Rates
| RATES EFFECTIVE AS OF October 1,2019 |
| Certificates of Deposit* | ||
|
Account Type
|
Rate
|
**APY
|
|
182 days
|
1.10%
|
1.10%
|
|
12 months
|
1.40%
|
1.41%
|
|
24 months
|
1.50%
|
1.51%
|
|
36 months
|
1.65%
|
1.66%
|
|
48 months
|
2.00%
|
2.02%
|
|
*Penalty for early withdrawal Rates may change after account is opened. |
||
| Savings Accounts | ||
|
Account Type
|
Rate
|
**APY
|
|
Passbook Savings
|
.60%
|
.60%
|
|
IRA Savings
|
1.65%
|
1.66%
|
|
*Penalty for early withdrawal. Fees may reduce earnings on the account. Rates may change after account is opened. |
||
| NOW Account | ||
|
Account Type
|
Rate
|
**APY
|
|
$0.01 - $9,999.99
|
.05%
|
.05%
|
|
Over $10,000.00
|
.05%
|
.05%
|
|
*Penalty for early withdrawal. Rates may change after account is opened. |
||
| Money Market | ||
|
Account Type
|
Rate
|
**APY
|
|
$0.01 - $24,999.99
|
.50%
|
.50%
|
|
$25,000.00-$99,999.99
|
.60%
|
.60%
|
|
$100,000.00-$249,999.99
|
.65%
|
.65%
|
|
Over $250,000.00
|
.70%
|
.70%
|
|
*Penalty for early withdrawal. Rates may change after account is opened. |
||
| PLEASE CONTACT ANY BANK EMPLOYEE FOR ADDITIONAL INFORMATION |
|
*In the event that the depositor is allowed to withdraw all or part of his/her deposit before maturity, a substantial penalty will be imposed. **APY = Annual Percentage Yield |
