Bank · FDIC insured
Farmers & Merchants Bank CD Rates
Farmers & Merchants Bank’s best CD rate is 3.75% APY on a 6-month CD. Terms run from 6 months to 1 year. Rates checked October 22, 2026.
How Farmers & Merchants Bank’s CD rates compare
Compared with banks and credit unions in Alabama, where Farmers & Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank
3.75%APY
- Term
- 6 months
- Minimum
- $500
- Earns on $10,000
- $186
6 Month CD
Top rate
First Jackson Bank
5.01%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,769
2nd-highest rate
Birmingham City Credit Union
5.00%APY
- Term
- 18 months
- Minimum
- $500
- Earns on $10,000
- $759
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
6 Month CD
3.75%APY · 1 term
Early withdrawal penalties may be imposed, and the fee could reduce principal. If redeemed prior to original maturity date, penalty equivalent to 1 month interest may be applied. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsEarly withdrawal penalty equivalent to 1 month interest may be applied if fully or partially redeemed prior to original maturity date. Fees could reduce earnings | 3.75% | $186 |
Sources (1)
- fmlafayette.com · captured Oct 5, 2026
12 Month CD
3.50%APY · 1 term
Early withdrawal penalties may be imposed, and the fee could reduce principal. If redeemed prior to original maturity date, penalty equivalent to 1 month interest may be applied. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsEarly withdrawal penalty equivalent to 1 month interest may be applied if fully or partially redeemed prior to original maturity date. Fees could reduce earnings | 3.50% | $350 |
Sources (1)
- fmlafayette.com · captured Oct 5, 2026
Opening an account
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