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© 2004-07 Farmers State Bank
All Rights Reserved.



 

Rates

As of 5-13-2008

Account Type

Minimum Deposit to Open Account
Minimum Balance* to Obtain APY**

Interest Rate

APY**

Statement Savings

$.00
$.00
1.24%
1.25%

HIFI Savings

Tier I $2,500-$9,999

$.00
$2,500.00
1.74%
1.75%

HIFI Savings

 Tier II $10,000-$24,999

$.00
$2,500.00
1.99%
2.00%

HIFI Savings

Tier III $25,000 - Over

$.00
$2,500.00
2.23%
2.25%
N.O.W. Account
$.00
$1,000.00
 .99%
1.00%
Super N.O.W. Account
$.00
$2,500.00
1.09%
1.10%
91 Day CD
$1,000.00
$1,000.00
2.38%
2.40%
182 Day CD
$1,000.00
$1,000.00
2.48%

2.50%

12 Month CD
$1,000.00
$1,000.00
2.58%
2.60%
18 Month CD
$1,000.00
$1,000.00
2.68%
2.70%
24 Month CD##
$1,000.00
$1,000.00
2.98%
3.00%
30 Month CD
$1,000.00
$1,000.00
3.13%
3.15%
36 Month CD
$1,000.00
$1,000.00
3.27%
3.30%
18 Month IRA CD***
$.00
$1,000.00
3.32%
3.35%

* Average Daily Balance

** Annual  Percentage Yield

*** Variable Rate - Changes at Bank's discretion

## One Bump Up allowed during the term of the 24 month certificate of deposit only.     

      Must request Bump Up feature when initiating 24 month CD.

EARLY WITHDRAWAL PENALTY - If you withdraw any principal before the maturity date, we may impose a penalty of:

(A)30 days interest on the amount withdrawn if the certificate has a maturity of one year or less; or

(B) 90 days interest on the amount withdrawn if the certificate has a maturity of more than one year.

(C) Fees could reduce the earnings for N.O.W and Super N.O.W. Accounts.

 

Farmers State Bank

106 E. Cedar, Box 548, Marcus, Iowa 51035

Phone:  888-376-4156 or 712-376-4154 Fax: 712-376-2759

fsbmarcus@midlands.net

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