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CDs & IRAs

Certificates of Deposit

If you need a safe and solid rate of return when you invest, consider a Farmers and Merchants Bank Certificate of Deposit (CD). A CD is a type of savings account with a fixed interest rate, a fixed term length, and a fixed date of withdrawal.  

We offer a wide range of Certificates with various interest rates and terms depending on the investment you are looking for. We periodically offer special CD rates, so visit our “Current Rates” section or call us for our current specials.

Individual Retirement Accounts

An IRA is a great savings program to prepare for your retirement. You may choose from a Traditional IRA or a Roth IRA. Your investment term can be from 90 days to 60 months with a minimum opening deposit of $500.00

Traditional IRA

Traditional IRAs (individual retirement accounts) allow individuals to contribute pre-tax dollars to a retirement account where the money grows tax-deferred until withdrawal during retirement.  Upon retirement, withdrawals are taxed at the IRA owner's current income tax rate.  

Roth IRA

Roth IRAs allow individuals to contribute after-tax dollars. While there are no current-year tax benefits, the contributions and earnings can grow tax-free. Withdrawals are tax- and penalty-free after age 59½ and once the account has been open for five years. 

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Personal Checking

A path to smarter spending.

Find the perfect account for your financial goals and needs, plus access to online banking and bill pay.