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 12, 2021
| Account Type | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 12 Month Accumulator IRA |
0.45% | 0.45% |
| 18 Month IRA | 0.50% | 0.50% |
| 24 Month IRA CD | 0.55% | 0.55% |
| 30 Month IRA CD | 0.60% | 0.60% |
| 36 Month IRA CD | 0.65% | 0.65% |
A SUBSTANTIAL PENALTY IS IMPOSED ON EARLY WITHDRAWALS.
ANNUAL PERCENTAGE YIELD ASSUMES INTEREST WILL REMAIN IN DEPOSIT UNTIL MATURITY.