Life is unpredictable, you never know what is going to happen, and you never know when you may have to buy something for your car (tires, battery, motor, etc.) or even for your house (refrigerator, cooking stove, heating/cooling unit, etc.). Be prepared for these moments with our interest-bearing saving accounts. When you have funds already put back for emergencies, it will take some of the stress off of your shoulders. Don't wait for something to happen, start saving now!
Regular Savings Accounts
Another way to save money is by opening a CD (Certificate of Deposit). Our CD's allow the customer to pick the term that works best for them and earn a certain interest rate for that term. CD's are a great way to start saving for your child's college.
The sooner you begin saving for retirement, the larger your nest egg will be when you need it. Put money aside at your own pace and earn competitive rates of interest until you begin withdrawing funds in retirement. An IRA will supplement Social Security or other retirement income, and the amount you contribute each tax year could reduce the amount of money on which your taxable income is based. Let us help you save for your future with a fixed or variable IRA. A Farmers & Merchants account representative will be happy to guide you through the arrangements.
The types of IRAs offered are:
Go To Top