What are the current interest rates at Farmers Trust and Savings Bank Spencer, IA?

Current rates for Farmers Trust and Savings Bank Spencer, IA include: 18-Month CD: 4.00%, Savings: 0.35%

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Farmers Trust and Savings Bank Spencer, IA

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Farmers Trust and Savings Bank Spencer, IA Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Farmers Trust and Savings Bank Spencer, IA 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 20, 2026

Farmers Trust and Savings Bank Spencer, IA's 7-18-Month 7 - 18-Month CD rates are at 4.00%. Farmers Trust and Savings Bank Spencer, IA's savings rates are at 0.35%. MonitorBankRates evaluates the financial stability of Farmers Trust and Savings Bank Spencer, IA with a 5.0 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 14.28%. Rates last updated and verified on 09/20/2026.

Farmers Trust and Savings Bank Spencer, IA 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 Trust and Savings Bank Spencer, IA? Share your experience about Farmers Trust and Savings Bank Spencer, IA by leaving a review below, or read customer reviews before you decide to use Farmers Trust and Savings Bank Spencer, IA.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A-

Very Good Health Score: 93/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

14.28%

Excellent Higher than avg

Health Trend

Worsening 12 quarters

Full history ›

Farmers Trust and Savings Bank

125 W 4th St
Spencer, IA 51301

https://www.farmerstrust.bank

Farmers Trust and Savings Bank Spencer, IA CD Rates

Product	Rate	APY	Term	View More
7 - 18 Month CD	3.94%	4.00%	7-18 Month
Min Deposit $5,000 Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%

Farmers Trust and Savings Bank Spencer, IA Savings Rates

Product	Rate	APY
Tiger Cub Club	0.35%	0.35%
Min Deposit $20 Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%
Traditional Savings - 24-61 years of age	0.35%	0.35%
Min Deposit $100 Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%
Traditional Savings - under 23 and over 62 years of age	0.35%	0.35%
Min Deposit $20 Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%

Farmers Trust and Savings Bank Spencer, IA Other Rates

Product	Rate	Points	APY/APR
Kasasa Cash Checking	-	-	3.00%
Min Deposit $100 Details Qualifications Required: At least 1 direct deposit, ACH credit or ACH payment transaction; At least 12 debit card purchases; Earn 3.00% APY* on balances up to $25,000. 0.25% APY* on balances over $25,000. Earn 0.05% APY* if qualifications are not met. For you to earn full rewards, the following qualifications must be met during each monthly qualification cycle: At least 1 direct deposit, ACH credit or ACH payment transaction; At least 12 debit card purchases. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%
Kasasa Cash Checking	-	-	0.25%
Min Deposit $100 Details Qualifications Required: At least 1 direct deposit, ACH credit or ACH payment transaction; At least 12 debit card purchases; Earn 3.00% APY* on balances up to $25,000. 0.25% APY* on balances over $25,000. Earn 0.05% APY* if qualifications are not met. ATM Rewards - Fees Refunded, Nationwide (up to $20/month). eStatements. Anywere banking tools. Free Debit Card. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.28%

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 Trust and Savings Bank Spencer, IA’s Texas Ratio rose from 8.53% in Q3 2023 to 14.28% in Q2 2026, so its financial health has weakened over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A 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	$618M	14.28%	5.0	A-
March 31, 2026	$638M	10.39%	5.0	A
December 31, 2025	$630M	10.46%	5.0	A
September 30, 2025	$616M	7.25%	5.0	A
June 30, 2025	$602M	8.20%	5.0	A
March 31, 2025	$619M	5.38%	5.0	A+
December 31, 2024	$622M	3.95%	5.0	A+
September 30, 2024	$618M	2.24%	5.0	A+
June 30, 2024	$608M	5.71%	5.0	A+
March 31, 2024	$609M	6.52%	5.0	A
December 31, 2023	$598M	6.42%	5.0	A
September 30, 2023	$580M	8.53%	5.0	A

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 Trust and Savings Bank Spencer, IA 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 Trust and Savings Bank Spencer, IA 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 Trust and Savings Bank Spencer, IA's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Farmers Trust and Savings Bank Spencer, IA

Bank Holding Company EASTER ENTERPRISES INC

Address 125 W 4th St, Spencer, IA 51301 · Clay

Website https://www.farmerstrust.bank

FDIC Certificate # 12858

Established 19160407

FDIC Insurance Date 19340101

Domestic Offices 1

Total Branches 1

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A-

Overall Health Grade Score: 93/100

5.0

Exceptional Out of 5.0 Stars

14.28%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.2219%

Return on Equity (ROE) 13.7400%

Non-Performing Loans (NPL) 1.19%

Total Assets $617,971,000

Total Deposits $557,321,000

Equity Capital $57,215,000

Net Income $3,842,000

Headquarters Spencer

Total Branches and Offices 1

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Farmers Trust and Savings Bank Spencer, IA earned the Verified Healthy badge

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Frequently Asked Questions About Farmers Trust and Savings Bank Spencer, IA

How many branches does Farmers Trust and Savings Bank Spencer, IA operate?

Farmers Trust and Savings Bank Spencer, IA currently maintains approximately 1 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 Trust and Savings Bank Spencer, IA 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 Trust and Savings Bank Spencer, IA provides members with tools to manage their accounts and build a solid financial history.

Does Farmers Trust and Savings Bank Spencer, IA offer online and mobile banking?

Most modern institutions like Farmers Trust and Savings Bank Spencer, IA 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.farmerstrust.bank.