Certificates of Deposit
Farmers
State Bank offers Certificates of Deposit in a variety of
maturities, ranging from 3 months to 48 months, competitive
rates of interest, and interest paid quarterly, semi-annually,
or at maturity, depending on the specific terms of the certificate.
The interest earned by the certificate of deposit can be paid
by check, directly deposited to a Farmers State Bank checking
or savings account, or compounded to your certificate.
There is a $1000.00 minimum deposit required for certificates
of deposit and a substantial penalty for early withdrawal.
Stop by any of our seven locations
to inquire about our current certificate of deposit interest
rates. All certificates of deposit are insured to the FDIC limit.
Piggy Bank Club CD for Kids!
$25.00 Minimum deposit to open CD
36 month term - interest paid Quarterly
Penalty for early withdrawal
Helpful Links:
Farmers State Bank will provide full account disclosures
at the time an account is opened. |