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Savings
At Farmers Deposit Bank we have a savings account that is right for you. Whether you are saving for your child's college education, a second home, a dream vacation, or a secure retirement, Farmers Deposit Bank can help you reach your goal. Our savings accounts are designed to provide the flexibility, convenience and earnings potential you need.
Statement Savings
- Minimum deposit to open $50
- Interest paid on daily balance
- $50 balance required to avoid $2 monthly service charge
- Up to 3 withdrawals per month ($5 for additional withdrawals)
- Competitive rate of interest
Money Market Account
- Earn interest with a minimum daily balance of $1000
- No monthly service fee with $1000 minimum daily balance
- Monthly Image Statement
- Competitive rate of interest on a tiered scale
- Easy access with Money Market checks
- Up to 3 withdrawals per month ($5 for additional withdrawals)
- Competitive rate of interest
Christmas Club Account
- Minimum deposit to open $5
- Interest paid on daily balance
- Convenient quarterly statements
- Competitive rate of interest
Certificate of Deposit
- Minimum deposit to open $1000
- Terms available from 3 months to 60 months
- Flexible interest compounding options
- Competitive rate of interest
- Special jumbo rates available
Individual Retirement Account
- Terms available from 3 months to 60 months
- Flexible interest compounding options
- Competitive rate of interest
- Special jumbo rates available
If you would like to discuss any of these great savings options, call one of our friendly savings specialists at 606-787-0700. |