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 1/3/2025
| Account Type | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 12 Month Accumulator IRA |
3.93% | 4.00% |
| 18 Month IRA | 3.84% | 3.90% |
| 24 Month IRA CD | 3.11% | 3.15% |
| 30 Month IRA CD | 3.11% | 3.15% |
| 36 Month IRA CD | 3.11% | 3.15% |
A SUBSTANTIAL PENALTY IS IMPOSED ON EARLY WITHDRAWALS.
ANNUAL PERCENTAGE YIELD ASSUMES INTEREST WILL REMAIN IN DEPOSIT UNTIL MATURITY.