Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

Why bother with the ups and downs of changing interest rates? Find a good rate and lock it down with a CD. This is an easy way to make a solid return without doing any of the work, and aside funds for future savings goals. Just pick a term, lock in the rate, and let the CD do the rest. It’s that simple!

  • Greater savings

    Fixed rates that earn you higher than regular savings

  • Secure funds

    This account provides more security than other risky investments.

  • Flexible terms

    We have a wide range of terms available (from 91 days to 60 months).

  • Automatic renewal

    Your deposit will renew automatically upon maturity.


  • $2,500 minimum deposit to open
  • $1,000 minimum deposit to open 18-month CD

Early withdrawals subject to penalty.*

For clients who have sizable amounts to invest, the Certificate of Deposit Account Registry Service® is the perfect solution. Enjoy the convenience and high rate of CDs with the security of full FDIC insurance up to $50 million.

Using CDARS, we will place your funds with multiple FDIC-insured institutions so that all your money is covered. You will only have to work with us—one rate, one bank, one relationship. It’s the perfect place for your nest egg—no matter how big it is.

  • CD-level returns

    Get the same value with an added layer of security.

  • One convenient statement

    An easy, secure way to manage your account without the paperwork.

  • FDIC-Insured

    Rest easy knowing your account is fully ensured up to a huge allowance.

CD calculator

Compounding interval
Total value at maturity $0
Total interest earned $0
Annual Percentage Yield (APY) 0%

Our calculators are for informational purposes only and are not intended to provide financial advice. All examples are hypothetical and for illustrative purposes. Although we have obtained content from sources deemed to be reliable, Farmers & Merchants State Bank and its affiliates are not responsible for any content provided by unaffiliated third parties. You may wish to consult an appropriate outside advisor about your financial situation.

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