Individual Retirement Accounts (IRAs)
Farmers Bank offers a number of Individual Retirement Accounts. We encourage you to come in and talk to us so we can help you work out a sound, secure retirement plan you can count on in the years to come.
Rates are effective as of May 19, 2023
| Account Type | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 12 Month Accumulator IRA |
2.65% | 2.68% |
| 18 Month IRA | 2.75% | 2.78% |
| 24 Month IRA CD | 2.80% | 2.83% |
| 30 Month IRA CD | 2.65% | 2.68% |
| 36 Month IRA CD | 2.55% | 2.58% |
A SUBSTANTIAL PENALTY IS IMPOSED ON EARLY WITHDRAWALS.
ANNUAL PERCENTAGE YIELD ASSUMES INTEREST WILL REMAIN IN DEPOSIT UNTIL MATURITY.