Bank · FDIC insured
Farmers & Merchants Bank & Trust Savings Rates
Farmers & Merchants Bank & Trust’s best savings rate is 0.10% APY on $10,000, with its F&M MyWay Savings. Rates checked October 16, 2026.
How Farmers & Merchants Bank & Trust’s savings rates compare
Compared with banks and credit unions near Burlington, IA-IL, where Farmers & Merchants Bank & Trust has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank & Trust
0.10%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $10
F&M MyWay Savings
Top rate
U.S. Bank
2.00%APY
- Requires
- Another account
- Minimum
- $25
- Earns on $10,000 a year
- $200
2nd-highest rate
Nicolet National Bank
1.30%APY
- Requires
- Another account
- Minimum
- $10,000
- Earns on $10,000 a year
- $130
Farmers & Merchants Bank & Trust savings score
64
Savings score
Higher than 10% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Farmers & Merchants Bank & Trust ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
F&M MyWay Savings
0.10%APY
Renamed from Regular Savings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balance$3 monthly service charge applies if $100 daily minimum balance requirement is not met. 5 withdrawals/transfers per month with no fee, then $1 per withdrawal/transfer. Variable rate, compounded and credited quarterly. Optional ATM card available with a $15 annual fee.Any balance | 0.10% | $10 | $3 monthly service charge applies if $100 daily minimum balance requirement is not met. 5 withdrawals/transfers per month with no fee, then $1 per withdrawal/transfer. Variable rate, compounded and credited quarterly. Optional ATM card available with a $15 annual fee. |
Sources (3)
- fmbanktrust.bank/personal/cds
- fmbanktrust.bank/personal/savings
- fmbanktrust.bank/personal/savings-personal
All captured Sep 18, 2026
Special-purpose accounts
F&M Dream Big
0.40%APY
Client must be 22 years or younger. Account reverts to F&M MyWay Savings on client's 23rd birthday.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceClient must be 22 years or younger; account reverts to F&M MyWay Savings on client's 23rd birthday. 3 withdrawals/transfers per quarter at no fee, then $5 per withdrawal/transfer. Variable rate, compounded and credited quarterly. Optional ATM card available with a $15 annual fee.Any balance | 0.40% | $40 | Client must be 22 years or younger; account reverts to F&M MyWay Savings on client's 23rd birthday. 3 withdrawals/transfers per quarter at no fee, then $5 per withdrawal/transfer. Variable rate, compounded and credited quarterly. Optional ATM card available with a $15 annual fee. |
Sources (4)
- fmbanktrust.bank/personal/youth
- fmbanktrust.bank/personal/cds
- fmbanktrust.bank/personal/savings
- fmbanktrust.bank/personal/savings-personal
All captured Sep 18, 2026
Health Savings Account
0.25%APY
Must be combined with a High-Deductible Health Plan (HDHP). Cannot be enrolled in Medicare, cannot be claimed as a dependent, and cannot be covered under non-HDHP plans.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceApplies to Family or Individual coverage. $3 monthly service charge is waived with e-Statement sign-up. Variable rate, compounded and credited monthly using daily balance method.Any balance | 0.25% | $25 | Applies to Family or Individual coverage. $3 monthly service charge is waived with e-Statement sign-up. Variable rate, compounded and credited monthly using daily balance method. |
Sources (2)
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.