Personal Saving Accounts
Farmers & Merchant Bank offers personal savings accounts tailored to your financial journey.
Build Your Future, One Deposit at a Time!
Whether you’re saving for an emergency fund, a family vacation, or your first home, we offer simple and secure savings options to help you reach your goals, with competitive interest rates and the personalized service you expect from your local bank.
Our Savings Options
2.00% APY* Elite Saver
Enjoy convenience, great monthly rewards, and the opportunity to GROW your savings with an Elite Saver Account.
Monthly Rewards:
Monthly Reward Qualifications:
*APY = Annual Percentage Yield. Rates subject to change. If reward qualifications are not met during statement cycle, earn a .05% APY interest rate on balance. Start earning rewards again during the next statement cycle that qualifications are met. $100 minimum opening deposit. Enrollments must be in place and qualifications met before the monthly statement cycles. Contact a bank service representative for additional information, details, restrictions, processing limitations and certain instructions.
5.00% Annual Percentage Yield* Elite Cash
Enjoy convenience, great monthly rewards, and the opportunity to GROW your savings with an Elite Cash Account.
Monthly Rewards:
Monthly Reward Qualifications*:
*Rates subject to change. If reward qualifications are not met during the statement cycle, earn a .05% APY interest rate on the balance. Start earning rewards again during the next statement cycle when qualifications are met. $100 minimum opening deposit. Enrollments must be in place and qualifications met before the monthly statement cycles. Contact a bank service representative for additional information, details, restrictions, processing limitations, and specific instructions.
Regular Savings
A flexible savings account for any stage of life.
Ideal for everyday saving and emergency funds.
Kids Club
Designed for young savers under 18 (with a parent or guardian as co-owner).
Help start strong with responsible money habits.
Elite Saver
Health Savings Account
Designed to help individuals save for and manage their healthcare costs with significant tax benefits.
You can use the funds in your HSA to pay for expenses such as deductibles, copayments, and other qualified medical expenses that your HDHP doesn’t cover.
Online & Mobile Access
Your savings account is just a tap away. With online and mobile banking, you can:
Competitive Interest Rates
All savings accounts earn interest. Rates are tiered to reward higher balances.
Visit or call your local branch to learn more about current rates.
Simple, Transparent Fees
We believe in clear and fair pricing:
See our Fees & Charges page for full details.
Other Products & Services Available
Special Banking Services
Certificates of Deposit (CDs)
Save Deposit Boxes
Cost ranges from $14 to $50 annually.
Various sizes available. *Not FDIC insured
Surgarge-Free ATMS
Saving Made Simple
1
Apply Online
Use our “Open an account online” link to get started.
2
Visit a Branch
Stop by your nearest location to open in person.
3
Need Help?
Call or contact us anytime with questions or to compare options.
Why Bank With Us?
Personalized Support
We’ll help you select the account that best suits your goals.
Locally Owned
Community-first banking from a team you know and trust.
Safe & Secure
Your deposits are FDIC insured up to the maximum allowed by law.
Ready to Start Saving?
Click Open an account online at the top of the page or visit one of our convenient locations to open your savings account today.
