Savings Accounts

Sound money management begins with a quality savings account. Find the one that's right for you at Farmers and Merchants Bank.

Regular Savings Account

A great account to encourage good saving habits. To help you save, transfers to other accounts or third parties are limited. No minimum balance required.

Vacation and Christmas Clubs

We're serious about helping you save money for that special holiday or dream vacation. Either account may be opened at any time during the year. Christmas Club pays out in November and Vacation Club pays out in May.

Lucky Duck Savers Club

Start teaching children good savings habits early with this program for kids 12 and under. A small amount of money is all it takes to get started, and we offer prizes and incentives to encourage them along the way.

Certificates of Deposit

We have a variety of CDs at competitive interest rates. You decide the length and level of your investment, we'll do the rest. Ask about our Flex CD - if rates go up, you are able to adjust your rate once within a 12-month CD and two times within a 24-month CD.

IRAs

We can help you enjoy the tax benefits of an Individual Retirement Account, including fixed-rate, variable rate, "self-directed" and the Roth IRA options.

Health Savings Accounts

Health Savings Accounts (HSAs) are new, tax-favored consumer savings arrangements for individuals and families covered by high deductible health insurance plans. The accounts allow for tax-deductible contributions and tax-free distributions for qualified medical expenses. Talk with one of our account managers to determine if you qualify and could benefit from this tax savings plan. You can open a Health Savings Account for as little as $25.00 at Farmers and Merchants Bank.