Bank · FDIC insured
Farmers & Merchants Bank CD Rates
Farmers & Merchants Bank’s best CD rate is 3.17% APY on a 7-month CD. Terms run from 6 months to 4 years. Rates checked October 15, 2026.
How Farmers & Merchants Bank’s CD rates compare
Compared with banks and credit unions near Fort Wayne, IN, where Farmers & Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank
3.17%APY
- Term
- 7 months
- Minimum
- $1,000
- Earns on $10,000
- $184
7 Month CD Special
Top rate
Public Service Credit Union
6.00%APY
- Term
- 11 months
- Minimum
- $20
- Earns on $10,000
- $549
2nd-highest rate
GreenWay Bank
4.50%APY
- Term
- 12 months
- Minimum
- $1,000
- Earns on $10,000
- $450
Farmers & Merchants Bank CD score
64
CD score
Higher than 11% of U.S. banks and credit unions
- 3–8 months3–8 mo3.17%
- 9–15 months9–15 mo1.51%
- 16–30 months16–30 mo1.26%
- 31–60 months31–60 mo1.51%
- QualifiedQualified3.17%
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 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.
7 Month CD Special
3.17%APY · 1 term
Automatically renews into a 12 Month CD unless redeemed at time of maturity. Interest compounded quarterly, added back to CD quarterly.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsAutomatically renews into a 12 Month CD unless redeemed at time of maturity | 3.17% | $184 |
Sources (2)
All captured Oct 15, 2026
6, 12, 24, 36, and 48 Month CDs
Up to 1.51%APY · 5 terms
Interest compounded quarterly, added back to CD quarterly. Automatic renewal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months | 0.60% | $30 |
| 12 months | 1.51% | $151 |
| 24 months | 1.26% | $254 |
| 36 months | 1.26% | $383 |
| 48 months | 1.51% | $618 |
Sources (2)
All captured Oct 15, 2026
Bump Rate CD
0.20%APY · 1 term
Interest compounded semi-annually, added back to CD semi-annually. Automatic renewal. Ability to change the interest rate one time during the 3 year CD term to the current 3 year CD rate in effect at the time of change.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 36 monthsOption to change rate 1 time during 3 year term to current 3 year CD rate | 0.20% | $60 |
Sources (2)
All captured Oct 15, 2026
Dream Maker (36 Month)
0.20%APY · 1 term
Interest compounded semi-annually, added back to CD semi-annually. Automatic renewal. Unlimited, minimum $25.00 deposits allowed after opening account. Competitive interest rate on minimum daily balances of $250.00 and over.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 36 monthsInterest rate on minimum daily balances of $250.00 and over. Unlimited minimum $25 deposits allowed after opening | 0.20% | $60 |
Sources (2)
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.