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Farmers and Merchants Bank Milligan, NE Rates & Review April 2026

Farmers and Merchants Bank Milligan, NE's 24-Month CD rates are at 4.16%, 12-Month CD rates are at 4.11%. MonitorBankRates evaluates the financial stability of Farmers and Merchants Bank Milligan, NE with a 5.0 Star Rating and an A+ Overall Health Grade. Rates were last updated on 04/16/2026.

Farmers and Merchants Bank Milligan, NE money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Farmers and Merchants Bank Milligan, NE? Share your experience about Farmers and Merchants Bank Milligan, NE by leaving a review below, or read customer reviews before you decide to use Farmers and Merchants Bank Milligan, NE.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
--
No Data No data
Farmers and Merchants Bank Milligan, NE
501 Main St
Milligan, NE 68406
https://www.fmbmilligan.com
Member FDIC

Farmers and Merchants Bank Milligan, NE CD Rates

Product Rate APY Term View More
24 Month CD - 4.16% 24
Min Deposit $500
Details Penalty for early withdrawal
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%
12-Month CD - 4.11% 12
Min Deposit $500
Details Penalty for early withdrawal
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Farmers and Merchants Bank Milligan, NE is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Farmers and Merchants Bank Milligan, NE rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Farmers and Merchants Bank Milligan, NE's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Farmers and Merchants Bank Milligan, NE
Bank Holding Company FM GROUP INC
Address 501 Main St, Milligan, NE 68406  ·  Fillmore
FDIC Certificate # 14275
Established 06/10/1903
FDIC Insurance Date 04/24/1934
Domestic Offices 2
Total Branches 2
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 100/100
5.0
Exceptional Out of 5.0 Stars
0.00%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 2.1821%
Return on Equity (ROE) 16.8600%
Non-Performing Loans (NPL) 0.00%
Total Assets $205,067,000
Total Deposits $155,103,000
Equity Capital $23,488,000
Net Income $3,104,000
Headquarters Milligan
Total Offices 2
Source: FDIC  |  Last Updated 12/31/2025

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Total Reviews
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Frequently Asked Questions About Farmers and Merchants Bank Milligan, NE

Is Farmers and Merchants Bank Milligan, NE a safe place to deposit money?

Yes, Farmers and Merchants Bank Milligan, NE is considered a safe financial institution. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Farmers and Merchants Bank Milligan, NE operate?

Farmers and Merchants Bank Milligan, NE currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Farmers and Merchants Bank Milligan, NE does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Farmers and Merchants Bank Milligan, NE provides members with tools to manage their accounts and build a solid financial history.

Does Farmers and Merchants Bank Milligan, NE offer online and mobile banking?

Most modern institutions like Farmers and Merchants Bank Milligan, NE provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.fmbmilligan.com.

Current Farmers and Merchants Bank Milligan, NE Rates

  • 12-Month CD4.11%
  • 24-Month CD4.16%
Retrieved from our database of financial products. Rates subject to change.