Bank · FDIC insured
Farmers & Merchants Bank CD Rates
Farmers & Merchants Bank’s best CD rate is 4.32% APY on a 5-year CD. Terms run from 1 month to 5 years. Rates checked October 22, 2026.
How Farmers & Merchants Bank’s CD rates compare
Compared with banks and credit unions near Anniston, AL, where Farmers & Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank
4.32%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $2,355
CD’s
2nd-highest rate
Woodforest National Bank
4.25%APY
- Term
- 9 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $317
3rd-highest rate
Wells Fargo
4.25%APY
- Term
- 11 months
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000
- $389
Farmers & Merchants Bank CD score
89
CD score
Higher than 88% of U.S. banks and credit unions
- 3–8 months3–8 mo3.55%
- 9–15 months9–15 mo3.80%
- 16–30 months16–30 mo4.11%
- 31–60 months31–60 mo4.32%
- QualifiedQualified4.32%
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.
CD’s
Up to 4.32%APY · 11 terms
No monthly maintenance fee; penalties exist for early withdrawals.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 1 month | 0.05% | $0 |
| 2 months | 0.10% | $2 |
| 3 months | 0.50% | $12 |
| 6 months | 3.55% | $176 |
| 12 months | 3.80% | $380 |
| 18 months | 4.01% | $607 |
| 24 months | 4.06% | $828 |
| 30 months | 4.11% | $1,059 |
| 36 months | 4.16% | $1,301 |
| 48 months | 4.22% | $1,798 |
| 60 months | 4.32% | $2,355 |
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.