Bank · FDIC insured
Farmers State Bank Savings Rates
Farmers State Bank’s best savings rate is 0.02% APY on $10,000, with its Money Market Savings. Rates checked October 16, 2026.
How Farmers State Bank’s savings rates compare
Compared with banks and credit unions near Wooster, OH, where Farmers State Bank has the most branches. $10,000, best rate first.
This bank’s best
Farmers State Bank
0.02%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $2
Money Market Savings
Top rate
Huntington Bank
3.25%APY
- Requires
- Another account
- Minimum
- $100
- Earns on $10,000 a year
- $325
2nd-highest rate
Everence
2.85%APY
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000 a year
- $285
Farmers State Bank savings score
60
Savings score
Higher than 2% of U.S. banks and credit unions
- $1,000 balance$1,0000.01%
- $10,000 balance$10,0000.02%
- $100,000 balance$100,0000.25%
- QualifiedQualified0.02%
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 State 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.
Ohio Homebuyer Plus, Savings
3.56%APY
Offered in conjunction with the Ohio Treasurer's office. Account holder must be a resident of Ohio, at least 18 years old, have primary residence in Ohio, and only use proceeds toward down payment or closing costs of a home purchase in Ohio. Review of Ohio Homebuyer Plus participation statement required prior to opening.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upThe interest rate and annual percentage yield may change after account opening. Rate is subject to change at any time. Fees may reduce earnings.$100 and up | 3.56% | $356 | The interest rate and annual percentage yield may change after account opening. Rate is subject to change at any time. Fees may reduce earnings. |
Sources (2)
- farmersstate-oh.com/savings-ac…unts/ohio-homebuyer-plus
- farmersstate-oh.com/wp-content…s/2026/09/09-23-2026.pdf
All captured Sep 25, 2026
Money Market Savings
0.02%APY
For account balances below $2,500, a $5 monthly service charge applies, which can be waived if the average balance remains above $2,500. Unlimited in-person withdrawals; limited to six third-party withdrawals per month (including checks, ACH, and debit card transactions). Rates may change after account opening.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 – $2,500Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee applies if balance is below $2,500 (waived if average balance remains above $2,500). | 0.02% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee applies if balance is below $2,500 (waived if average balance remains above $2,500). |
| $2,500 – $15,000Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.02% | $2 | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
| $15,000 – $25,000Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.03% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
| $25,000 – $50,000Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.05% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
| $50,000 – $150,000Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.25% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
| $150,000 – $500,000Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.50% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
| $500,000 – $9,999,999Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. | 0.75% | — | Daily balance tier. Minimum balance to obtain APY is $100.00 daily balance. $5 monthly fee waived if average balance remains above $2,500. |
Sources (2)
- farmersstate-oh.com/savings-ac…nts/money-market-savings
- farmersstate-oh.com/wp-content…s/2026/09/09-23-2026.pdf
All captured Sep 25, 2026
Automatic Transfer Savings
0.01%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upThe interest rate and annual percentage yield may change after account opening. Calculated on daily balance.$100 and up | 0.01% | $1 | The interest rate and annual percentage yield may change after account opening. Calculated on daily balance. |
Sources (1)
- farmersstate-oh.com/wp-content…s/2026/09/09-23-2026.pdf · captured Sep 25, 2026
Special-purpose accounts
Variable IRA Savings
0.15%APY
Available for Traditional, Roth, and Self-directed IRAs. Fixed-rate plans also available as CDs.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upThe interest rate and annual percentage yield may change after account opening. Calculated on daily balance.$25 and up | 0.15% | $15 | The interest rate and annual percentage yield may change after account opening. Calculated on daily balance. |
Sources (2)
- farmersstate-oh.com/savings-ac…ersonal-savings-accounts
- farmersstate-oh.com/wp-content…s/2026/09/09-23-2026.pdf
All captured Sep 25, 2026
Personal Savings
0.01%APY
Average balance below $100 may incur a $1.50 service charge per quarter. Up to 12 free withdrawals per quarter ($0.50 fee per withdrawal thereafter; no withdrawal fees for minors and seniors).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upThe interest rate and annual percentage yield may change after account opening. Calculated on daily balance. Maintain a minimum balance of $100 to earn interest.$100 and up | 0.01% | $1 | The interest rate and annual percentage yield may change after account opening. Calculated on daily balance. Maintain a minimum balance of $100 to earn interest. |
Sources (2)
- farmersstate-oh.com/savings-ac…ersonal-savings-accounts
- farmersstate-oh.com/wp-content…s/2026/09/09-23-2026.pdf
All captured Sep 25, 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.