Farmers State Bank Savings & Money Market Rates

How Farmers State Bank’s savings rates compare

Compared with banks and credit unions near Waterloo, IA, where Farmers State Bank has the most branches. $10,000, best rate first.

This bank’s best
Farmers State Bank
0.05%APY
Requires
None
Minimum
$100
Earns on $10,000 a year
$5
FSB Savings Account
Top rate
Empeople Credit Union
3.25%APY
Requires
Monthly account activity
Minimum
$0
Earns on $10,000 a year
$325
Empeople Credit Union rates
2nd-highest rate
Collins Community Credit Union
3.05%APY
Requires
None
Minimum
$1,000
Earns on $10,000 a year
$305
Collins Community Credit Union rates

Compare savings rates near you →

61

Savings score

Higher than 3% of U.S. banks and credit unions

By balance

$1,000 balance$1,0000.05%
$10,000 balance$10,0000.05%
$100,000 balance$100,0000.05%
QualifiedQualified0.05%

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.

How the score works →

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.

FSB Savings Account

0.05%APY$100 to open

Standard savings account for ages 18+. Monthly paper statement fee $2 waived if free eStatements selected.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
$100 and upInterest rate 0.05% applies to balances over $100. Minimum opening deposit and balance $100.$100 and up	0.05%	$5	Interest rate 0.05% applies to balances over $100. Minimum opening deposit and balance $100.

Sources (3)

All captured Oct 5, 2026

Special-purpose accounts

Smart Start Savings

0.50%APYKids and teensRequirements apply$100 to open

Available on personal accounts only and one account per household in FSB's trade area. Account holder must be ages 0-17; earn the same rate until age 24 if paired with an FSB checking account. Available for FREE eStatements; $2 monthly paper statement fee.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
$100 – $10,0000.50% APY applies on balances up to $10,000.$100 – $10,000	0.50%	$50	0.50% APY applies on balances up to $10,000.

Sources (3)

All 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.

Visit institution website ↗Branches and institution details