Bank · FDIC insured
Farmers and Merchants Bank Savings Rates
Farmers and Merchants Bank’s best savings rate is 0.05% APY on $10,000, with its Market Rate Money Market. Rates checked October 22, 2026.
How Farmers and Merchants Bank’s savings 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
0.05%APY
- Minimum
- $100
- Earns on $10,000 a year
- $5
Market Rate Savings
Top rate
First Commerce Credit Union
3.00%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $300
2nd-highest rate
Southeastern Credit Union
1.76%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $176
Farmers and Merchants Bank savings score
60
Savings score
Higher than 2% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified0.05%
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 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.
Market Rate Money Market
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Interest is compounded and credited monthly on the monthly statement cycle date. | 0.03% | — | Interest is compounded and credited monthly on the monthly statement cycle date. |
| $10,000 – $25,000Interest is compounded and credited monthly on the monthly statement cycle date. | 0.05% | $5 | Interest is compounded and credited monthly on the monthly statement cycle date. |
| $25,000 – $50,000Interest is compounded and credited monthly on the monthly statement cycle date. | 0.05% | — | Interest is compounded and credited monthly on the monthly statement cycle date. |
| $50,000 – $100,000Interest is compounded and credited monthly on the monthly statement cycle date. | 0.05% | — | Interest is compounded and credited monthly on the monthly statement cycle date. |
| $100,000 and upInterest is compounded and credited monthly on the monthly statement cycle date. | 0.05% | — | Interest is compounded and credited monthly on the monthly statement cycle date. |
Sources (2)
All captured Oct 15, 2026
Market Rate Savings
0.05%APY
Variable interest rate; interest accrues daily and is compounded and credited quarterly. Accrued interest is forfeit if closed prior to crediting. $10 minimum balance fee per quarter if average daily balance falls below $500. $3 per check/withdrawal fee for withdrawals exceeding three per quarter if balance falls below $1,000 any day of the quarter. $5 paper statement fee unless enrolled in eStatements.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Tier 1 balance $0.01 - $9,999.99. | 0.03% | — | Tier 1 balance $0.01 - $9,999.99. |
| $10,000 – $25,000Tier 2 balance $10,000.00 - $24,999.99. | 0.05% | $5 | Tier 2 balance $10,000.00 - $24,999.99. |
| $25,000 – $50,000Tier 3 balance $25,000.00 - $49,999.99. | 0.05% | — | Tier 3 balance $25,000.00 - $49,999.99. |
| $50,000 – $100,000Tier 4 balance $50,000.00 - $99,999.99. | 0.05% | — | Tier 4 balance $50,000.00 - $99,999.99. |
| $100,000 and upTier 5 balance $100,000.00 or more. | 0.05% | — | Tier 5 balance $100,000.00 or more. |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Christmas Club
0.10%APY
Automatic deposits will be made from an F&M Checking account. Client receives a check disbursement or direct deposit to another F&M Bank account of principal and all accrued interest in November (11/1); transfers restart in January. No compounding or crediting of interest prior to disbursement.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum opening balance. Does not have compounding or crediting of interest; principal and accrued interest disbursed on November 1.Any balance | 0.10% | $10 | No minimum opening balance. Does not have compounding or crediting of interest; principal and accrued interest disbursed on November 1. |
Sources (2)
All captured Oct 15, 2026
Youth Savings
0.05%APY
No monthly service charge. Free paper statements. Competitive variable rate; interest accrues daily and is compounded and credited quarterly. If closed before interest is credited, accrued interest will not be paid. $2 per check/withdrawal fee for each transaction if balance falls below $200 any day of the quarter on withdrawals exceeding three per quarter.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $1,000Tier 1 balance $0.01 - $999.99. | 0.05% | — | Tier 1 balance $0.01 - $999.99. |
| Up to $1,000Tier 1 balance band applies. | 0.05% | — | Tier 1 balance band applies. |
| $1,000 – $20,000Tier 2 balance $1,000.00 - $19,999.99. | 0.05% | $5 | Tier 2 balance $1,000.00 - $19,999.99. |
Sources (3)
- fmb.com/personal/youth-accounts
- docs.fmb.com/rates/rates.pdf
- fmb.com/personal/savings-accounts/youth-savings
All captured Oct 15, 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.