certificates of Deposit

Certificates of Deposit

View Interest Rates

Farmers & Merchants State Bank Certificates of Deposit

  • Invest with a sound secure area market leader
  • Tiered rates, several term choices
  • Special rates for Heritage Club and Money Tree members

More Information

For special balance and terms information see a Customer Service Representative or E-mail us 

Disclosure: This email is not encrypted.  Do not include any personal information such as bank account numbers or your social security number.


View Interest Rates

What's the Difference Between a Traditional IRA and a Roth IRA?

  • Traditional IRA – The traditional IRA is an account that allows you to defer taxes on the earnings on your contributions until they are withdrawn. Also, certain contributions are tax deductible in the tax year for which they are made.
  • Roth IRA – The Roth IRA allows only nondeductible contributions and features tax-free withdrawals for certain distribution reasons after a five-year holding period.
View Interest Rates

What is a Coverdell Education Savings Account?

The Coverdell Education Savings Account is a non-deductible account that features tax-free withdrawals for a very specific purpose – a child's education expenses.

More Information

See any of our Customer Service Representatives.

We will explain the nature of these accounts in more detail and help you complete the necessary forms to establish your traditional and/or Roth IRA or a CESA (Coverdell Education Savings Account) for a child.