Bank · FDIC insured
Farmers and Merchants Bank CD Rates
Farmers and Merchants Bank’s best CD rate is 2.78% APY on a 3-year CD. Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How Farmers and Merchants Bank’s CD rates compare
Compared with banks and credit unions near Valdosta, GA, where Farmers and Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers and Merchants Bank
1.26%APY
- Term
- 36 months
- Minimum
- $1,000
- Earns on $10,000
- $383
Certificates of Deposit (CDs)
Top rate
Southeastern Credit Union
4.15%APY
- Term
- 18 months
- Minimum
- $500
- Earns on $10,000
- $629
2nd-highest rate
Colony Bank
4.05%APY
- Term
- 11 months
- Minimum
- $500
- Earns on $10,000
- $371
Farmers and Merchants Bank CD score
61
CD score
Higher than 4% of U.S. banks and credit unions
- 3–8 months3–8 mo0.45%
- 9–15 months9–15 mo1.00%
- 16–30 months16–30 mo1.00%
- 31–60 months31–60 mo1.26%
- QualifiedQualified1.26%
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 and Merchants Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit (CDs)
Up to 1.26%APY · 9 terms
APY assumes interest is compounded and credited monthly and remains on deposit until maturity. Fixed rates. Early withdrawal penalty applies. Fees could reduce earnings.
| Term | APY · Up to $100,000 | APY · $100,000 – $500,000 | APY · $500,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 3 months | 0.25% | 0.50% | 0.50% | 0.25%0.50% $100k–$500k0.50% from $500k | $6 |
| 6 months | 0.45% | 0.50% | 0.65% | 0.45%0.50% $100k–$500k0.65% from $500k | $22 |
| 12 months | 0.75% | 1.00% | 1.26% | 0.75%1.00% $100k–$500k1.26% from $500k | $75 |
| 13–17 months | 1.00% | 1.51% | 1.76% | 1.00%1.51% $100k–$500k1.76% from $500k | $108 |
| 18 months | 0.75% | 1.51% | 1.76% | 0.75%1.51% $100k–$500k1.76% from $500k | $113 |
| 24 months | 1.00% | 2.02% | 2.27% | 1.00%2.02% $100k–$500k2.27% from $500k | $201 |
| 36 months | 1.26% | 2.27% | 2.78% | 1.26%2.27% $100k–$500k2.78% from $500k | $383 |
| 48 months | 0.75% | 1.00% | 1.51% | 0.75%1.00% $100k–$500k1.51% from $500k | $303 |
| 60 months | 0.75% | 1.00% | 1.51% | 0.75%1.00% $100k–$500k1.51% from $500k | $381 |
Sources (1)
- docs.fmb.com/rates/rates.pdf · captured Sep 19, 2026
Special-purpose accounts
Individual Retirement Accounts (IRAs)
Up to 1.26%APY · 7 terms
APY assumes interest is compounded and credited quarterly and remains on deposit until maturity. Fixed rates. Deposits may be made in accordance with IRA plan disclosure. Early withdrawal penalty applies. Fees could reduce earnings.
| Term | APY · Up to $100,000 | APY · $100,000 – $500,000 | APY · $500,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 6 months | 0.45% | 0.50% | 0.65% | 0.45%0.50% $100k–$500k0.65% from $500k | $22 |
| 12 months | 0.65% | 1.00% | 1.26% | 0.65%1.00% $100k–$500k1.26% from $500k | $65 |
| 18 months | 0.75% | 1.51% | 1.76% | 0.75%1.51% $100k–$500k1.76% from $500k | $113 |
| 24 months | 1.00% | 2.02% | 2.27% | 1.00%2.02% $100k–$500k2.27% from $500k | $201 |
| 36 months | 1.26% | 2.27% | 2.78% | 1.26%2.27% $100k–$500k2.78% from $500k | $383 |
| 48 months | 0.75% | 1.00% | 1.51% | 0.75%1.00% $100k–$500k1.51% from $500k | $303 |
| 60 months | 0.75% | 1.00% | 1.51% | 0.75%1.00% $100k–$500k1.51% from $500k | $381 |
Sources (1)
- docs.fmb.com/rates/rates.pdf · captured Sep 19, 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.