Farmers & Merchants Bank: Where Family is our Foundation

CDs & IRAs

Short & Long Term Growth

Saving for retirement is important for people of all ages. While a 401K is a popular option, it’s not always enough. CDs and IRAs are great additions to your retirement portfolio.

Certificate of Deposit

Use this no-risk investment to earn a fixed interest rate on your savings.

  • Multiple term lengths
  • $500 minimum opening deposit 
  • Competitive interest rates 
  • Automatically renewable
  • Interest payments can be automatically deposited in your deposit account
  • FDIC insured
  • Early withdrawal penalties may apply

Individual Retirement Accounts

Our IRAs can help you build a future for you and your family

  • Multiple term lengths
  • $1.00 minimum opening deposit on most IRAs
  • Competitive interest rates
  • Automatically renewable
  • Interest payments can be automatically deposited in your deposit account
  • Educational IRAs available
  • FDIC insured
  • Early withdrawal penalties may apply