Farmers State Bank Interest Rates

RATES EFFECTIVE AS OF September 1, 2017


Certificates of Deposit*
Account Type
Rate
**APY
182 days
.40%
.40%
12 months
.50%
.50%
24 months
.70%
.70%
36 months
1.00%
1.00%
48 months
1.15%
1.15%
60 months
1.25%
1.26%
*Penalty for early withdrawal
Rates may change after account is opened.


Savings Accounts
Account Type
Rate
**APY
Passbook Savings
.20%
.20%
IRA Savings
1.25%
1.26%
*Penalty for early withdrawal.
Fees may reduce earnings on the account.
Rates may change after account is opened.


NOW Account
Account Type
Rate
**APY
$0.01 - $9,999.99
.05%
.05%
Over $10,000.00
.05%
.05%
*Penalty for early withdrawal.
Rates may change after account is opened.


Money Market
Account Type
Rate
**APY
$0.01 - $24,999.99
.10%
.10%
$25,000.00-$99,999.99
.20%
.20%
$100,000.00-$249,999.99
.25%
.25%
Over $250,000.00
.30%
.30%
*Penalty for early withdrawal.
Rates may change after account is opened.


PLEASE CONTACT ANY BANK EMPLOYEE FOR ADDITIONAL INFORMATION
*In the event that the depositor is allowed to withdraw all or part of his/her deposit before maturity, a substantial penalty will be imposed.

**APY = Annual Percentage Yield



Member
FDIC
Farmers State Bank
401 Main Street
Lake View, IA 51450-0428
Ph: 712-657-8525



Each depositor is insured to at least $250,000. For more information about FDIC insurance coverage, visit www.fdic.gov.


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