Bank · FDIC insured
Farmers & Merchants Union Bank CD Rates
Farmers & Merchants Union Bank’s best CD rate is 4.04% APY on a 5-year CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How Farmers & Merchants Union Bank’s CD rates compare
Compared with banks and credit unions near Madison, WI, where Farmers & Merchants Union Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers & Merchants Union Bank
4.04%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,190
Everyday Certificates of Deposit
Top rate
Madison Fire Department Credit Union
4.55%APY
- Term
- 16 months
- Minimum
- —
- Earns on $10,000
- $611
2nd-highest rate
Summit Credit Union
4.50%APY
- Term
- 16 months
- Minimum
- $500
- Earns on $10,000
- $604
Farmers & Merchants Union Bank CD score
84
CD score
Higher than 66% of U.S. banks and credit unions
- 3–8 months3–8 mo2.00%
- 9–15 months9–15 mo3.43%
- 16–30 months16–30 mo3.79%
- 31–60 months31–60 mo4.04%
- QualifiedQualified4.04%
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 Union 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 Promotion
Up to 4.30%APY · 2 terms
No brokered, institutional or out-of-State funds. Automatically renews into a non-promotion CD upon maturity (7-month renews into 182-day term, 13-month renews into 12-month term). Early withdrawal penalties and other fees may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsNo brokered, institutional or out-of-State funds. Renews into 182-day term non-promotion CD. Daily balance method to obtain APY | 4.03% | $233 |
| 13 monthsNo brokered, institutional or out-of-State funds. Renews into 12-month term non-promotion CD. Daily balance method to obtain APY | 4.30% | $467 |
Everyday Certificates of Deposit
Up to 4.04%APY · 10 terms
Upon maturity, 10 calendar days grace period to withdraw funds or CD automatically renews. Early withdrawal penalties and other fees may apply.
| Term | APY · $1,000 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 1 monthBased on 31 days. Daily balance method to obtain APY | — | 0.50% | 0.50% | $1 |
| 3 monthsDaily balance method to obtain APY | — | 1.00% | 1.00% | $25 |
| 6 monthsDaily balance method to obtain APY | — | 2.00% | 2.00% | $101 |
| 12 monthsDaily balance method to obtain APY | 3.43% | — | 3.43% | $343 |
| 18 monthsDaily balance method to obtain APY | 3.43% | — | 3.43% | $519 |
| 24 monthsDaily balance method to obtain APY | 3.54% | — | 3.54% | $721 |
| 30 monthsDaily balance method to obtain APY | 3.79% | — | 3.79% | $975 |
| 36 monthsDaily balance method to obtain APY | 3.89% | — | 3.89% | $1,213 |
| 48 monthsDaily balance method to obtain APY | 3.94% | — | 3.94% | $1,672 |
| 60 monthsDaily balance method to obtain APY | 4.04% | — | 4.04% | $2,190 |
Special-purpose accounts
IRA CD Promotion
Up to 4.30%APY · 2 terms
No brokered, institutional or out-of-State funds. Automatically renews into a non-promotion CD upon maturity (7-month renews into 182-day term, 13-month renews into 12-month term). Early withdrawal penalties and other fees may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsNo brokered, institutional or out-of-State funds. Renews into 182-day term non-promotion CD. Daily balance method to obtain APY | 4.03% | $233 |
| 13 monthsNo brokered, institutional or out-of-State funds. Renews into 12-month term non-promotion CD. Daily balance method to obtain APY | 4.30% | $467 |
IRA Certificates of Deposit
Up to 4.09%APY · 8 terms
| Term | APY · $1,000 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 6 monthsDaily balance method to obtain APY | — | 1.40% | 1.40% | $70 |
| 12 monthsDaily balance method to obtain APY | 3.48% | — | 3.48% | $348 |
| 18 monthsDaily balance method to obtain APY | 3.48% | — | 3.48% | $527 |
| 24 monthsDaily balance method to obtain APY | 3.59% | — | 3.59% | $731 |
| 30 monthsDaily balance method to obtain APY | 3.84% | — | 3.84% | $988 |
| 36 monthsDaily balance method to obtain APY | 3.94% | — | 3.94% | $1,229 |
| 48 monthsDaily balance method to obtain APY | 3.99% | — | 3.99% | $1,694 |
| 60 monthsDaily balance method to obtain APY | 4.09% | — | 4.09% | $2,219 |
Sources (1)
- fmub.bank/rates.html · captured Oct 5, 2026
Personal HSA Certificates of Deposit
Up to 4.04%APY · 8 terms
Upon maturity, 10 calendar days grace period to withdraw funds or CD automatically renews at current rate. Early withdrawal penalties and other fees may apply.
| Term | APY · $1,000 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 6 monthsDaily balance method to obtain APY | — | 2.00% | 2.00% | $100 |
| 12 monthsDaily balance method to obtain APY | 3.43% | — | 3.43% | $343 |
| 18 monthsDaily balance method to obtain APY | 3.43% | — | 3.43% | $519 |
| 24 monthsDaily balance method to obtain APY | 3.54% | — | 3.54% | $721 |
| 30 monthsDaily balance method to obtain APY | 3.79% | — | 3.79% | $975 |
| 36 monthsDaily balance method to obtain APY | 3.89% | — | 3.89% | $1,213 |
| 48 monthsDaily balance method to obtain APY | 3.94% | — | 3.94% | $1,672 |
| 60 monthsDaily balance method to obtain APY | 4.04% | — | 4.04% | $2,190 |
IRA Advantage
2.47%APY
Variable rate account. Rates can change after account is opened. Maximum term: 1 year.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upVariable rate account. Rates can change after account is opened. Daily balance method to obtain APY. Maximum term: 1 year.$50 and up | 2.47% | $247 | Variable rate account. Rates can change after account is opened. Daily balance method to obtain APY. Maximum term: 1 year. |
Sources (1)
- fmub.bank/rates.html · captured Oct 5, 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.