Farmers State Bank

Personal Banking
Business Banking

Rates/Fees

IRA / Certificate of Deposit
Rates as of
Amount	Minimum Balance	5M to 49.9M		50M & Over
		Rate	APY	Rate
91 Day	$1,000.00	2.20%	2.22%	CALL
182 Day	$1,000.00	2.50%	2.52%	CALL
12 Month	$500.00	2.80%	2.83%	CALL
24 Month	$500.00	2.90%	2.93%	CALL
36 Month	$500.00	3.00%	3.03%	CALL
60 Month	$500.00	3.40%	3.44%	CALL

Demand Deposits
Amount	Minimum Balance
Money Market	$1000.00 to open and obtain APY
Now Account	$750.00 to open and obtain APY
Regular Savings	$100.00 to open and obtain APY

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.