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 February 3, 2023
|Account Type||Interest Rate||Annual Percentage Yield (APY)|
|12 Month Accumulator IRA
|18 Month IRA||1.20%||1.20%|
|24 Month IRA CD||1.35%||1.35%|
|30 Month IRA CD||1.45%||1.45%|
|36 Month IRA CD||1.50%||1.50%|
A SUBSTANTIAL PENALTY IS IMPOSED ON EARLY WITHDRAWALS.
ANNUAL PERCENTAGE YIELD ASSUMES INTEREST WILL REMAIN IN DEPOSIT UNTIL MATURITY.