Bank · FDIC insured
Farmers Savings Bank Savings Rates
Farmers Savings Bank’s best savings rate is 1.00% APY, with its STAR Savings, with extra requirements. Rates checked October 16, 2026.
How Farmers Savings Bank’s savings rates compare
Compared with banks and credit unions in Iowa, where Farmers Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers Savings Bank
1.00%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $100
STAR Savings
Top rate
Employees Credit Union
3.82%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $381
2nd-highest rate
UMB Bank
3.71%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $371
Farmers Savings Bank savings score
70
Savings score
Higher than 26% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified1.00%
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 Savings 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.
STAR Savings
Up to 1.00%APY
Must have a STAR Checking account to open. Limit one STAR Checking and one STAR Savings per Social Security Number. Early closure fee of $30 applies if STAR checking account is closed within 6 months.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $20,000Must meet requirements of STAR Checking account. | 1.00% | $100 | Must meet requirements of STAR Checking account. |
| Any balanceBase rate earned on all balances if STAR Checking requirements are not met. | 0.05% | $5 | Base rate earned on all balances if STAR Checking requirements are not met. |
| Over $20,000Must meet requirements of STAR Checking account. | 0.20% | — | Must meet requirements of STAR Checking account. |
Sources (1)
- farmerssavingsbank.com/banking/savings/star-savings · captured Sep 18, 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.