Your interest rate increases as your balance grows. See our Rate Sheet for current interest rates and related balances.
- Tiered interest rate based on daily balance
- Low $10 Minimum Balance to earn interest
- Low initial opening deposit of $10
- Quarterly average balance of only $100 waives the service charge of $10 per quarter.
- Service charges waived for non-profit organizations.
- Interest earned is compounded daily, credited quarterly.
- Free and easy transferring between accounts to manage bills using NetTeller Online Banking or Instant InfoLine telephone banking
- Activity Summary shown on your annual statement which is produced the end of May each year
1No fee charged by Farmers & Merchants Bank for transactions at other banks’ ATM’s. Other ATM owners may charge a fee.
Types of Business Savings