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 |
1.10% | 1.10% |
| 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.