Farmers & Merchants State Bank
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Deposit Products > Certificates & IRAs



Certificates

  • 91 Day $5,000 minimum
  • 6 Month $5,000 minimum
  • 12 Month $500 minimum
  • 18 Month $1,000 minimum
  • 36 Month $1,000 minimum
  • 60 Month $10,000 minimum

IRAs

  • Traditional, Roth, SEP, Coverdell Education Savings Account
  • One account with 18 month term begins with initial contribution
  • Add subsequent year or periodic contributions to the same account
  • Variable rate interest
  • Auto renewable
  • No annual service charge

HSAs (Health Savings Accounts)

  • Subject to all Federal laws governing Health Savings Accounts
  • No minimum deposit
  • Tiered rates

Please call us at 218-385-2300 for rate information.  We look forward to speaking with you!