Bank · FDIC insured
Farmers & Merchants National Bank Savings Rates
Farmers & Merchants National Bank’s best savings rate is 0.20% APY on $10,000, with its Money Market Deposit Account. Rates checked October 16, 2026.
How Farmers & Merchants National Bank’s savings rates compare
Compared with banks and credit unions near St. Louis, MO-IL, where Farmers & Merchants National Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants National Bank
0.25%APY
- Requires
- None
- Earns on $10,000 a year
- $25
Hometown Advantage
Top rate
JM Associates FCU
5.12%APY
- Requires
- None
- Earns on $10,000 a year
- $512
2nd-highest rate
Citizens Bank
4.50%APY
- Requires
- Another account
- Earns on $10,000 a year
- $450
Farmers & Merchants National Bank savings score
72
Savings score
Higher than 32% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0000.25%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.25%
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 National 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.
Money Market Deposit Account
0.20%APY
Limited to 6 withdrawals a month; unlimited in person withdrawals. Interest compounds monthly. Rates may change after account is open. Fee of $12.00 per month if balance drops below $2,500.00.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Under $25,000 balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. | 0.20% | $20 | Under $25,000 balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. |
| $25,000 – $100,000$25,000 to $100,000 balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. | 0.35% | — | $25,000 to $100,000 balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. |
| $100,000 and up$100,000 and up balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. | 0.50% | — | $100,000 and up balance tier. Rates may change after account is open. Fees could reduce earnings on the account. Fee of $12.00 per month if balance drops below $2,500.00. |
Sources (2)
All captured Sep 17, 2026
Hometown Advantage
0.25%APY
Available to personal accounts only. Rates may change after account is open.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Balance between one penny and $25,000. | 0.25% | $25 | Balance between one penny and $25,000. |
| Over $25,000Balance above $25,000. | 0.01% | — | Balance above $25,000. |
Sources (1)
- bankwithfmb.com/personal/personal-rates · captured Sep 17, 2026
Passbook Savings Account
0.15%APY
Interest added back quarterly to the account. Maximum of six withdrawals per month to avoid fees. Rates may change after account is open. Fees could reduce earnings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum balance to obtain APY is $5.00. $5.00 opening deposit required. No monthly fees with a maximum of six withdrawals per month.$5 and up | 0.15% | $15 | Minimum balance to obtain APY is $5.00. $5.00 opening deposit required. No monthly fees with a maximum of six withdrawals per month. |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Christmas Club
0.30%APY
Penalty fee for early withdrawal. Starts in September and continues to following September. No withdrawals during term.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum opening deposit $5.00.$5 and up | 0.30% | $30 | Minimum opening deposit $5.00. |
Sources (2)
All captured Sep 17, 2026
Vacation Club
0.30%APY
Penalty fee for early withdrawal. Starts in April and continues to following April. No withdrawals during term.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum opening deposit $5.00.$5 and up | 0.30% | $30 | Minimum opening deposit $5.00. |
Sources (2)
All captured Sep 17, 2026
50 Club
0.10%APY
Rates may change after account is open.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1,000 and upMinimum balance $1,000.$1,000 and up | 0.10% | $10 | Minimum balance $1,000. |
Sources (1)
- bankwithfmb.com/personal/personal-rates · captured Sep 17, 2026
Health Savings Account
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1,000 | 0.03% | — |
| $1,000 – $5,000 | 0.03% | — |
| $5,000 – $15,000 | 0.05% | $5 |
| $15,000 and up | 0.07% | — |
Sources (1)
- bankwithfmb.com/personal/personal-rates · captured Sep 17, 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.