Bank · FDIC insured
Farmers Savings Bank Savings Rates
A $130.5M bank headquartered in Wever, IA, with 3 branches in Iowa.
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
3.00%APY
- Requires
- Conditions apply
- Minimum
- $0
- Earns on $10,000 a year
- $300
Kid's SAVER
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
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Kid's SAVER
3.00%APY
Qualified applicants must be under the age of 18. When the account owner reaches age 18, the account transitions to a Statement Savings Account. Rate is paid on a tiered average daily balance structure and subject to change at anytime.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Average Daily Balance below $10,000.01 earns 3.00% APY. The interest rate is paid on that portion of the average daily balance range.Up to $10,000 | 3.00% | $300 | Average Daily Balance below $10,000.01 earns 3.00% APY. The interest rate is paid on that portion of the average daily balance range. |
Sources (2)
All 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.