What are the current interest rates at Farmers & Merchants Bank VA?

Current rates for Farmers & Merchants Bank VA include: 12-Month CD: 2.52%, 24-Month CD: 2.78%, 36-Month CD: 2.52%, 48-Month CD: 2.02%, 60-Month CD: 1.91%, Savings: 0.15%, MMA: 2.55%

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Farmers & Merchants Bank VA Rates & Review September 2026

Q: Are credit management and repair services offered?

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

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 18, 2026

Farmers & Merchants Bank VA's 7-Month Special 7-Month Certificate Special rates are at 3.80%, 12-Month Certificate rates are at 2.78%, 24-Month Certificate rates are at 2.78%, 9-Month Certificate rates are at 2.63%, 12-Month Penalty Free rates are at 2.52%. Farmers & Merchants Bank VA's savings rates are at 0.15%. Farmers & Merchants Bank VA's money market rates are at 2.55%. MonitorBankRates evaluates the financial stability of Farmers & Merchants Bank VA with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.40%. Rates last updated and verified on 09/18/2026.

Farmers & Merchants Bank VA 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 & Merchants Bank VA? Share your experience about Farmers & Merchants Bank VA by leaving a review below, or read customer reviews before you decide to use Farmers & Merchants Bank VA.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

3.40%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Farmers & Merchants Bank

165 New Market Rd
Timberville, VA 22853

https://www.fmbankva.com

Farmers & Merchants Bank VA CD Rates

Product	Rate	APY	Term
7 Month Certificate Special	3.75%	3.80%	7 Month Special
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
12 Month Certificate	2.75%	2.78%	12 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
24 Month Certificate	2.75%	2.78%	24 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
9 Month Certificate	2.60%	2.63%	9 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
12 Month Penalty Free	2.50%	2.52%	12 Month
Min Deposit $1,000 Details Term: 12 Month Penalty Free Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
182 Day Certificate	2.50%	2.52%	182 Days
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
36 Month Certificate	2.50%	2.52%	36 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
3 Month Certificate	2.25%	2.27%	3 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
48 Month Certificate	2.00%	2.02%	48 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
60 Month Certificate	1.90%	1.91%	60 Month
Min Deposit $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%

Farmers & Merchants Bank VA Savings Rates

Product	Rate	APY
Treehouse Savings Club - Age 6-18	0.50%	0.50%
Min Balance $5 Details Balance: $5 - $4,999.99; ; $5 to open Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Christmas Club Savings	0.15%	0.15%
Details Open until maturity; Forfeit interest if cashed prior to maturity Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Premium Savings	0.15%	0.15%
Min Balance $10 Details Balance: $10.00 and over; Quarterly average $100 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Treehouse Savings Club - Age 6-18	0.15%	0.15%
Min Balance $5,000 Details Balance: $5,000+ Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%

Farmers & Merchants Bank VA Money Market Rates

Product	Rate	APY
F&M Money Market	3.17%	3.22%
Min Balance $10 Details Balance: $1,500,000.00+; Daily average $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
F&M Money Market	2.67%	2.70%
Min Balance $10 Details Balance: $750,000-$1,499,999.99; Daily average $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
F&M Money Market	2.62%	2.65%
Min Balance $10 Details Balance: $250,000.00-$749,999.99; Daily average $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
F&M Money Market	2.57%	2.60%
Min Balance $10 Details Balance: $100,000 - $249,999.99; Daily average $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
F&M Money Market	2.52%	2.55%
Min Balance $10 Details Balance: $1,000.00-$99,999.99; Daily average $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%

Farmers & Merchants Bank VA Checking Rates

Product	Rate	APY
Local Promise Checking For Non-Profits	1.10%	1.10%
Min Balance $250,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Local Promise Checking For Non-Profits	0.95%	0.95%
Min Balance $100,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Local Promise Checking For Non-Profits	0.75%	0.75%
Min Balance $10,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Local Promise Checking For Non-Profits	0.55%	0.55%
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%
Interest Checking - Sole Proprietorships	0.10%	0.10%
Min Balance $1,000 Details Balance: Daily balance $1,000+; Avoid $10.00 monthly service charge with $1000 average balance. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.40%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Farmers & Merchants Bank VA’s Texas Ratio fell from 5.26% in Q3 2023 to 3.40% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 3.3 to 5.0 and its Health Grade from B- to A+. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$1.4B	3.40%	5.0	A+
March 31, 2026	$1.4B	4.42%	5.0	A+
December 31, 2025	$1.4B	5.60%	5.0	A+
September 30, 2025	$1.4B	7.27%	5.0	A
June 30, 2025	$1.3B	7.99%	5.0	A
March 31, 2025	$1.3B	9.74%	5.0	A
December 31, 2024	$1.3B	8.16%	4.7	A
September 30, 2024	$1.3B	7.17%	4.8	A
June 30, 2024	$1.3B	9.08%	4.4	B+
March 31, 2024	$1.3B	7.83%	4.1	B
December 31, 2023	$1.3B	8.12%	4.2	B+
September 30, 2023	$1.3B	5.26%	3.3	B-

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Farmers & Merchants Bank VA 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 & Merchants Bank VA 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 & Merchants Bank VA's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Farmers & Merchants Bank VA

Bank Holding Company F&M BANK CORP

Address 165 New Market Rd, Timberville, VA 22853 · Rockingham

Website https://www.fmbankva.com

FDIC Certificate # 8668

Established 19080101

FDIC Insurance Date 19340101

Domestic Offices 16

Total Branches 16

Regulator FED

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 98/100

5.0

Exceptional Out of 5.0 Stars

3.40%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.2422%

Return on Equity (ROE) 15.5400%

Non-Performing Loans (NPL) 0.28%

Total Assets $1,395,901,000

Total Deposits $1,266,894,000

Equity Capital $116,041,000

Net Income $8,645,000

Headquarters Timberville

Total Branches and Offices 16

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Farmers & Merchants Bank VA earned the Verified Healthy badge

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Frequently Asked Questions About Farmers & Merchants Bank VA

How many branches does Farmers & Merchants Bank VA operate?

Farmers & Merchants Bank VA currently maintains approximately 16 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 & Merchants Bank VA 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 & Merchants Bank VA provides members with tools to manage their accounts and build a solid financial history.

Does Farmers & Merchants Bank VA offer online and mobile banking?

Most modern institutions like Farmers & Merchants Bank VA 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.fmbankva.com.