First Farmers & Merchants State Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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First Farmers & Merchants State BankToday's 12-month CD rates can be found at 1.40%, 6-month CD rates at 2.00% and 3-month CD rates at 4.37%. Current savings rates are at 0.05% and money market rates are at 2.51%. Mortgage rates today on 30-year fixed loans are around 6.94%. Credit Card rates are at 11.90%. Personal Loan rates are at 11.99%. All these rates, and more, can be found in our database of rates.

To see how these rates compare to First Farmers & Merchants State Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from First Farmers & Merchants State Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with First Farmers & Merchants State Bank CD rates. You can also compare First Farmers & Merchants State Bank savings rates, MMA rates and mortgage rates using our other rate lists.

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

First Farmers & Merchants State Bank Texas Ratio

First Farmers & Merchants State Bank's Texas Ratio is at 0.00%, which is considered excellent. The Texas Ratio for First Farmers & Merchants State Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, First Farmers & Merchants State Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
N/A
18-Month CD
N/A
24-Month CD
N/A
36-Month CD
N/A
48-Month CD
N/A
60-Month CD
N/A
Savings
N/A
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
First Farmers & Merchants State Bank
106 W Main St
Brownsdale, MN 55918
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Compare First Farmers & Merchants State Bank Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
Newtek Bank
Newtek Bank
High Yield Savings
5.25%
$0
Rolette State Bank
Rolette State Bank
12-Month CD
4.50%
$500
F&M State Bank Winterset, IA
F&M State Bank Winterset, IA
6-Month CD (Jumbo)
4.45%
$100,000
Atkins Savings B&T
Atkins Savings B&T
12-Month CD
4.30%
$1,000
UniBank
UniBank
3-Month CD
4.00%
$1,000
Community Bank Owatonna
Community Bank Owatonna
Kasasa Checking
4.00%
$0
Union Bank Morrisville, VT
Union Bank Morrisville, VT
12-Month CD
3.98%
$500
EvaBank
EvaBank
18-Month CD
3.56%
$1,000
VirtualBank
VirtualBank
60-Month CD
3.51%
$0
Commercial Bank De Kalb, MS
Commercial Bank De Kalb, MS
24-Month CD
3.50%
$1,000
Bank Midwest
Bank Midwest
60-Month CD
3.44%
$500
M&T Bank
M&T Bank
12-Month CD (Select)
3.35%
$1,000
1st Community Credit Union
1st Community Credit Union
48-Month CD
3.35%
$1,000
Liberty Bank Poulsbo, WA
Liberty Bank Poulsbo, WA
24-Month CD
3.30%
$2,500
Bank of Prague
Bank of Prague
60-Month CD
3.28%
$1,000
First National Bank in Marlow
First National Bank in Marlow
12-Month CD
3.20%
$500
SouthStar Bank
SouthStar Bank
36-Month CD
3.09%
$1,000
Citizens Bank of Clovis
Citizens Bank of Clovis
36-Month CD
3.05%
$1,000
The Seymour Bank
The Seymour Bank
3-Month CD
3.03%
$1,000
Headwaters State Bank
Headwaters State Bank
48-Month CD
3.02%
$1,000
FSB Louise, TX
FSB Louise, TX
60-Month CD
2.77%
$1,000
Primebank
Primebank
36-Month CD
2.75%
$1,000
First Federal S&L Newark, OH
First Federal S&L Newark, OH
Resolute Money Market
2.68%
$10,000
Iowa Falls State Bank
Iowa Falls State Bank
36-Month CD
2.67%
$1,000
Farmers State Bank Yale, IA
Farmers State Bank Yale, IA
12-Month CD
2.47%
$500
The Bank of Elk River
The Bank of Elk River
24-Month CD
2.32%
$200
First Security Bank of Deer Lodge
First Security Bank of Deer Lodge
18-Month CD
2.17%
$1,000
Tri-County Trust Company
Tri-County Trust Company
18-Month CD
2.17%
$1,000
F&M Bank & Trust
F&M Bank & Trust
12-Month CD
2.05%
$2,500
Maries County Bank
Maries County Bank
48-Month CD
2.02%
$1,000
First Harvest Federal Credit Union
First Harvest Federal Credit Union
18-Month CD
2.00%
$1,000
BankNewport
BankNewport
Premium Money Market
2.00%
$250,000
American National Bank - Fox Cities
American National Bank - Fox Cities
48-Month CD
1.75%
$500
Bank of Herrin
Bank of Herrin
36-Month CD
1.53%
$1,000
Oakwood Bank Pigeon Falls, WI
Oakwood Bank Pigeon Falls, WI
Money Market
1.51%
$25,000
SSB Scott State Bank
SSB Scott State Bank
18-Month CD
1.20%
$1,000
Independent Bank Mckinney, TX
Independent Bank Mckinney, TX
Basic Savings
1.00%
$25
Fidelity State Bank and Trust Company
Fidelity State Bank and Trust Company
Money Market Maximum
0.90%
$100,000
Concordia Bank & Trust Company
Concordia Bank & Trust Company
Blue Chip Savings
0.50%
$100
TruBank
TruBank
Money Market
0.50%
$2,500
Industry State Bank
Industry State Bank
Savings
0.43%
$100
National Iron Bank
National Iron Bank
24-Month CD
0.35%
$100,000
Town & Country B&T Co.
Town & Country B&T Co.
48-Month CD
0.35%
$100
Citizens State Bank Moundridge, KS
Savings
0.25%
$100
Johnson State Bank
Johnson State Bank
Savings
0.20%
$10
First National Bank in Amboy
First National Bank in Amboy
Statement Savings
0.10%
$100
Cambridge Trust Company
Cambridge Trust Company
Personal Money Market
0.10%
$2,500
Teachers Federal Credit Union
Teachers Federal Credit Union
Savings
0.10%
$1
First FSB of Angola
First FSB of Angola
Passbook Savings
0.05%
$10
First Nations Bank
First Nations Bank
24-Month CD
0.05%
$1,000
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates December 1, 2024

Lender
Product
Rate
APR
Points
3.990%
4.357%
0.750
4.250%
4.514%
0.750
4.500%
4.685%
0.750
10-Year Fixed (Power Rate)
4.875%
5.180%
0.000
5.050%
5.315%
0.000
15-Year Fixed (Power Rate)
5.125%
5.341%
0.000
5.125%
5.389%
0.000
15 Year Fixed
5.300%
5.390%
0.000
5.375%
5.435%
0.000
5.250%
5.438%
0.000
5.250%
5.491%
0.000
5.375%
5.525%
0.750
15-Year Fixed
5.500%
5.556%
0.000
5.250%
5.562%
0.000
5.375%
5.602%
0.750
5.500%
5.604%
0.000
5.500%
5.614%
0.000
5.375%
5.632%
0.000
15-Year Fixed
5.500%
5.641%
0.000
5.625%
5.673%
0.000
5.500%
5.714%
0.375
5.625%
5.715%
0.000
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Our apologies, we do not have First Farmers & Merchants State Bank rate data right now, check back for updates, we are adding rates all the time.

First Farmers & Merchants State Bank Information

First Farmers & Merchants State Bank
106 W Main St
Brownsdale, MN 55918
Mower
Established Date: 02/08/1908
FDIC Certificate #: 1600
Date of FDIC Deposit Insurance: 01/01/1934
Bank Holding Company: 215 HOLDING CO
How Many Domestic U.S. Offices? 2
How Many Branches are There? 2
Is First Farmers & Merchants State Bank FDIC Insured? Yes
What is First Farmers & Merchants State Bank's Cert number? 1600
What is the maximum amount for insured deposits? $250,000 per holder, per account

First Farmers & Merchants State Bank Financials

Total Assets:
$103,865,000
Total Deposits:
$78,881,000
Equity Capital:
$8,272,000
Domestic Deposits:
$78,881,000
Net Income:
$162,000
Return on Assets:
1.3240%
Quarterly Return on Assets:
0.6300%
Pretax Return on Assets:
1.2321%
Pretax Quarterly Return on Assets:
1.2300%
Return on Equity:
19.1300%
Quarterly Return on Equity:
7.8000%
Common Equity Tier 1 Capital Ratio:
11.2969%
Tier 1 Risk-Based Capital Ratio:
11.2969%
Leverage Tier 1 (Core Capital) Ratio:
9.2155%
Total Risk-Based Capital Ratio (YTD):
12.1944%
Total Interest Income (YTD):
4.5149%
 
 
Headquarters:
Brownsdale
FDIC Field Office:
Minneapolis
Regulator:
FDIC
County:
Mower
# of Offices:
2
Metropolitan Statistical Area (MSA):
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
West
FDIC Region:
Kansas City
Source: FDIC Last Updated 03/31/2024

Explore Other Rate Deals

This is a first in a very long time, both average 1 year CD rates and the best 1 year CD rates in our database are higher this week. Average 1 year CD rates increased from 0.88 percent to 0.90 percent and the highest 1 year rate offered by banks in our database increased from 1.05 percent to 1.07 percent.
Right now on our auto loan rate table in Topeka, KS, Pentagon Federal Credit Union tops our list of 4 year used auto loans. Penfed is offering 4 year used auto loan rates at 2.99 percent. PenFed also offers 100 percent auto loan financing for certain members. As with any credit union you'll have to join PenFed to obtain an auto loan.
CGR Credit Union of Macon, Georgia, is advertising some of the best savings account dividend rates available today. In addition to having some of the best savings rates CGR Credit Union is also advertising some of the best money market account rates. 

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