Bank · FDIC insured
Farmers & Merchants Bank Savings Rates
Farmers & Merchants Bank’s best savings rate is 0.05% APY on $10,000, with its Market Rate Money Market. Rates checked October 16, 2026.
How Farmers & Merchants Bank’s savings rates compare
Compared with banks and credit unions near Los Angeles, CA, where Farmers & Merchants Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Bank
0.05%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $5
Market Rate 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
Nuvision Credit Union
4.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $450
Farmers & 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 & 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
Interest is compounded and credited monthly on the monthly statement cycle date. Rates may change at any time. Fees could reduce earnings. Closing account before interest is credited forfeits accrued interest. $15 monthly minimum balance fee applies if balance falls below $2,500 any day of the statement cycle.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $10,000 | 0.03% | — |
| $10,000 – $25,000 | 0.05% | $5 |
| $25,000 – $50,000 | 0.05% | — |
| $50,000 – $100,000 | 0.05% | — |
| $100,000 and up | 0.05% | — |
Sources (2)
All captured Oct 16, 2026
Market Rate Savings
0.05%APY
A savings account that allows easy access to excess funds. $10 minimum balance fee per quarter if the average daily balance for the quarter falls below $500. A per check/withdrawal fee of $3 for each transaction if the account balance falls below $1,000 any day of the quarter on withdrawals exceeding three per quarter. A $5 paper statement fee applies unless enrolled in eStatements. $20 early closure fee if closed within 180 days.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. | 0.03% | — | Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. |
| $10,000 – $25,000Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. | 0.05% | $5 | Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. |
| $25,000 – $50,000Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. | 0.05% | — | Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. |
| $50,000 – $100,000Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. | 0.05% | — | Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. |
| $100,000 and upVariable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. | 0.05% | — | Variable interest rate; interest accrues daily, compounded and credited quarterly. If closed before interest is credited, accrued interest is not received. |
Sources (3)
- fmb.com/personal/savings-accounts
- fmb.com/personal/savings-accounts/compare-accounts
- docs.fmb.com/rates/rates.pdf
All captured Oct 6, 2026
Special-purpose accounts
Christmas Club
0.10%APY
Automatic deposits made from your F&M Checking account. A check for principal and accrued interest is mailed in November (or direct deposited to another F&M Bank account on 11/1 of the year). Automatic transfers resume in January.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceChristmas Club Accounts do not have compounding or crediting of interest. Client receives a check disbursement or direct deposit to another F&M Bank account of the balance and all interest accrued on 11/1 of the year.Any balance | 0.10% | $10 | Christmas Club Accounts do not have compounding or crediting of interest. Client receives a check disbursement or direct deposit to another F&M Bank account of the balance and all interest accrued on 11/1 of the year. |
Sources (3)
- fmb.com/personal/savings-accounts
- fmb.com/personal/savings-accounts/christmas-club
- docs.fmb.com/rates/rates.pdf
All captured Oct 6, 2026
Youth Savings
0.05%APY
No monthly service charge. A per check/withdrawal fee of $2 will be imposed for each transaction if the 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 $1,000Competitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. | 0.05% | — | Competitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. |
| $1,000 – $20,000Competitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. | 0.05% | $5 | Competitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. |
| $20,000 and upCompetitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. | 0.05% | — | Competitive variable rate; interest accrues daily and is paid to the account quarterly. Rates subject to change. |
Sources (3)
- fmb.com/personal/savings-accounts
- fmb.com/personal/savings-accounts/youth-savings
- docs.fmb.com/rates/rates.pdf
All captured Oct 6, 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.