Bank · FDIC insured
Farmers & Merchants Bank Savings Rates
Farmers & Merchants Bank’s best savings rate is 0.07% APY on $10,000, with its Insured Money Market. Rates checked October 22, 2026.
How Farmers & Merchants Bank’s savings rates compare
Compared with banks and credit unions near Baltimore, MD, where Farmers & Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank
0.07%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $7
Insured Money Market
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
CFG Bank
4.05%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $405
Farmers & Merchants Bank savings score
64
Savings score
Higher than 10% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.07%
- $100,000 balance$100,0002.00%
- QualifiedQualified0.07%
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 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.
Local Advantage Money Market
0.10%APY
Interest rate is variable and may change at any time after account opening. Fees could reduce earnings. A penalty may be imposed for early withdrawal.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier 4 rate. Average Daily Balance to obtain APY: N/A. Variable rate subject to change. | 0.10% | $10 | Tier 4 rate. Average Daily Balance to obtain APY: N/A. Variable rate subject to change. |
| $100,000 and upTier 3 rate. Average Daily Balance to obtain APY: $100,000. Variable rate subject to change. | 2.00% | — | Tier 3 rate. Average Daily Balance to obtain APY: $100,000. Variable rate subject to change. |
| $200,000 and upTier 2 rate. Average Daily Balance to obtain APY: $200,000. Variable rate subject to change. | 2.50% | — | Tier 2 rate. Average Daily Balance to obtain APY: $200,000. Variable rate subject to change. |
| $500,000 and upTier 1 rate. Average Daily Balance to obtain APY: $500,000. Variable rate subject to change. | 3.00% | — | Tier 1 rate. Average Daily Balance to obtain APY: $500,000. Variable rate subject to change. |
Sources (1)
- fmb1919.bank/apy-and-cd-deposit-rates-maryland · captured Oct 4, 2026
Insured Money Market
Up to 0.07%APY
Interest rate is variable and may change at any time after account opening. Fees could reduce earnings. A penalty may be imposed for early withdrawal. Maintain minimum balance to avoid monthly maintenance fees.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier 6 rate. Average Daily Balance to obtain APY: N/A. Variable rate subject to change. | 0.03% | $3 | Tier 6 rate. Average Daily Balance to obtain APY: N/A. Variable rate subject to change. |
| $2,500 and upTier 5 rate. Average Daily Balance to obtain APY: $2,500. Variable rate subject to change. | 0.05% | $5 | Tier 5 rate. Average Daily Balance to obtain APY: $2,500. Variable rate subject to change. |
| $10,000 and upTier 4 rate. Average Daily Balance to obtain APY: $10,000. Variable rate subject to change. | 0.07% | $7 | Tier 4 rate. Average Daily Balance to obtain APY: $10,000. Variable rate subject to change. |
| $25,000 and upTier 3 rate. Average Daily Balance to obtain APY: $25,000. Variable rate subject to change. | 0.25% | — | Tier 3 rate. Average Daily Balance to obtain APY: $25,000. Variable rate subject to change. |
| $100,000 and upTier 2 rate. Average Daily Balance to obtain APY: $100,000. Variable rate subject to change. | 0.40% | — | Tier 2 rate. Average Daily Balance to obtain APY: $100,000. Variable rate subject to change. |
| $250,000 and upTier 1 rate. Average Daily Balance to obtain APY: $250,000. Variable rate subject to change. | 0.60% | — | Tier 1 rate. Average Daily Balance to obtain APY: $250,000. Variable rate subject to change. |
Sources (2)
All captured Oct 4, 2026
Savings Account
0.05%APY
Variable interest rate; interest rate may change at any time after account opening. A penalty may be imposed for early withdrawal, and fees could reduce earnings on the account.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.05% | $5 |
Sources (1)
- fmb1919.bank/apy-and-cd-deposit-rates-maryland · captured Oct 4, 2026
Special-purpose accounts
Health Savings
Up to 0.10%APY
Must be enrolled in a high-deductible health plan (HDHP). Variable interest rate; interest rate may change at any time after account opening. A penalty may be imposed for early withdrawal, and fees could reduce earnings on the account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier 2 rate. | 0.05% | $5 | Tier 2 rate. |
| $1,000 and upTier 1 rate requiring an average daily balance of $1,000 to obtain APY. | 0.10% | $10 | Tier 1 rate requiring an average daily balance of $1,000 to obtain APY. |
Sources (2)
All captured Oct 4, 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.