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Farmers Bank of Appomattox Rates and Review February 2026

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Farmers Bank of Appomattox's 6-Month Jumbo CD rates are at 3.45%, Regular CD 6-Month rates are at 3.30%, 1 Year Jumbo CD rates are at 3.25%, Regular CD 1 Year rates are at 3.00%, 2 Year Jumbo CD rates are at 2.80%. Farmers Bank of Appomattox's savings rates are at 0.10%. Farmers Bank of Appomattox's money market rates are at 0.10%.

Farmers Bank of Appomattox

Rate Updates and Availability

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

Farmers Bank of Appomattox Texas Ratio

Farmers Bank of Appomattox's Texas Ratio is at 5.70%, which is considered excellent. The Texas Ratio for Farmers Bank of Appomattox 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.

MonitorBankRates Rating

5.0
Excellent
Out of 5.0 Stars

Farmers Bank of Appomattox has earned a Smart Rating of 5.0 out of 5 stars. 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.

Overall, Farmers Bank of Appomattox is a excellent bank worth considering, with an overall rating of 5.0 stars out of 5 stars.

Current Interest Rates

Rate
APY/APR
vs. Avg
12-Month CD
3.00%
18-Month CD
2.70%
24-Month CD
2.55%
36-Month CD
2.25%
48-Month CD
N/A
60-Month CD
2.15%
Savings
0.10%
MMA
0.10%
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A

"N/A" indicates the product is not offered or the rate is unavailable.

Farmers Bank of Appomattox
223 Main St
Appomattox, VA 24522
Member FDIC
MonitorBankRates
Official Financial Rating
5.0
★★★★★
EXCELLENT
🏆

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Farmers Bank of Appomattox CD Rates

Product Rate APY Term View More
6 Month Jumbo CD 3.37% 3.45% 6 Month
Min Deposit$100,000
Last Updated 02/14/2026
Regular CD 6 Month 3.27% 3.30% 6 Month
Min Deposit$1,000
Last Updated 02/14/2026
1 Year Jumbo CD 3.17% 3.25% 1 Year
Min Deposit$100,000
Last Updated 02/14/2026
Regular CD 1 Year 2.97% 3.00% 1 Year
Min Deposit$1,000
Last Updated 02/14/2026
2 Year Jumbo CD 2.73% 2.80% 2 Year
Min Deposit$100,000
Last Updated 02/14/2026
Regular CD 15 Month 2.72% 2.75% 15 Month
Min Deposit$1,000
Last Updated 02/14/2026
18 month 18 Month Club Certificate 2.67% 2.70% 18 Months
Min Deposit$10,000
Last Updated 02/14/2026
Regular CD 18 Month 2.57% 2.60% 18 Month
Min Deposit$1,000
Last Updated 02/14/2026
3 Year Jumbo CD 2.49% 2.55% 3 Year
Min Deposit$100,000
Last Updated 02/14/2026
Regular CD 2 Year 2.53% 2.55% 2 Year
Min Deposit$1,000
Last Updated 02/14/2026
5 Year Jumbo CD 2.35% 2.40% 5 Year
Min Deposit$100,000
Last Updated 02/14/2026
Regular CD 3 Year 2.23% 2.25% 3 Year
Min Deposit$1,000
Last Updated 02/14/2026
IRA 5 Year Fixed Rate CD 2.13% 2.15% 5 Year
Min Deposit$1,000
Last Updated 02/14/2026
Regular CD 5 Year 2.13% 2.15% 5 Year
Min Deposit$1,000
Last Updated 02/14/2026

Farmers Bank of Appomattox Savings Rates

Product Rate APY View More
Statement Savings 0.10% 0.10%
Min Deposit$100
Min Balance$10
DetailsA minimum balance of $10 to earn interest
Last Updated 02/14/2026

Farmers Bank of Appomattox Money Market Rates

Product Rate APY View More
Money Market Account - 1.25%
Min Deposit$250,000
DetailsBalances $250,000.00 & Up
Last Updated 02/14/2026
Money Market Account - 0.50%
Min Deposit$100,000
DetailsBalances between $100,000.00-$249,999.99
Last Updated 02/14/2026
Money Market Account - 0.15%
Min Deposit$50,000
DetailsBalances between $50,000.00 - $99,999.99
Last Updated 02/14/2026
Money Market Account - 0.10%
Min Deposit$5,000
DetailsBalances between $5,000.00-$49,999.99
Last Updated 02/14/2026

Farmers Bank of Appomattox Checking Rates

Product Rate APY View More
Century Business Checking and UP 0.20% 0.20%
Min Deposit$100
Details$250,000.00
Last Updated 02/14/2026
Century Checking - 0.20%
Min Deposit$250,000
DetailsBalances of $250,000.00 & Up
Last Updated 02/14/2026
Century Business Checking 0.15% 0.15%
Min Deposit$100
Details$50,000.00 - $249,999.99
Last Updated 02/14/2026
Century Checking - 0.15%
Min Deposit$50,000
DetailsBalances between $50,000.00 - $249,999.99
Last Updated 02/14/2026
Century Checking & Up 0.15% 0.15%
Min Deposit$100
Details$50,000.00
Last Updated 02/14/2026
Farmers Club/Club 50 Checking - 0.15%
Min Deposit$50,000
DetailsBalances $50,000.00 & Up
Last Updated 02/14/2026
Personal Checking Accounts & Up 0.15% 0.15%
Min Deposit$100
Details$50,000.00
Last Updated 02/14/2026
Century Business Checking 0.10% 0.10%
Min Deposit$100
Details$10,000.00 - $49,999.99
Last Updated 02/14/2026
Century Checking - 0.10%
Min Deposit$10,000
DetailsBalances between $10,000.00 - $49,999.99
Last Updated 02/14/2026
Farmers Club/Club 50 Checking - 0.10%
Min Deposit$10,000
DetailsBalances between $10,000.00 - $49,999.99
Last Updated 02/14/2026
Personal Checking Accounts 0.10% 0.10%
Min Deposit$100
Details$10,000.00 - $49,999.99
Last Updated 02/14/2026
Century Business Checking 0.05% 0.05%
Min Deposit$100
Details$1,000.00 - $9,999.99
Last Updated 02/14/2026
Century Checking - 0.05%
Min Deposit$500
DetailsBalances between $500.00 - $9,999.99
Last Updated 02/14/2026
Farmers Club/Club 50 Checking - 0.05%
Min Deposit$500
DetailsBalances between $500.00 - $9,999.99
Last Updated 02/14/2026
NOW Sterling Business Checking 0.05% 0.05%
Min Deposit$100
Last Updated 02/14/2026
NOW Sterling Checking 0.05% 0.05%
Min Deposit$100
Last Updated 02/14/2026
Personal Checking Accounts 0.05% 0.05%
Min Deposit$100
Details$500.00 - $9,999.99
Last Updated 02/14/2026

Methodology & Data Sources

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

Bank Profile & Overview

Farmers Bank of Appomattox
223 Main St
Appomattox, VA 24522
Appomattox
Established Date: 09/16/1918
FDIC Certificate #: 6813
Date of FDIC Deposit Insurance: 01/01/1934
How Many Domestic U.S. Offices? 5
How Many Branches are There? 5
Is Farmers Bank of Appomattox FDIC Insured? Yes
What is Farmers Bank of Appomattox's Cert number? 6813
What is the maximum amount for insured deposits? $250,000 per holder, per account

Financial Health & Assets

Total Assets:
$346,693,000
Total Deposits:
$311,201,000
Equity Capital:
$31,804,000
Net Income:
$624,000
Return on Assets (ROA):
0.9290%
Return on Equity (ROE):
10.3300%
Headquarters:
Appomattox
Regulator:
FED
# of Offices:
5
Source: FDIC | Last Updated 03/31/2024

Customer Reviews

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Frequently Asked Questions About Farmers Bank of Appomattox

How do I open an account at Farmers Bank of Appomattox?

You can typically open an account at Farmers Bank of Appomattox by visiting a local branch or applying through their official website.

Is there a first-time homebuyer program?

Currently, Farmers Bank of Appomattox provides a range of mortgage and home equity products.

Is Farmers Bank of Appomattox a safe place to deposit money?

Yes, Farmers Bank of Appomattox is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor.

Does Farmers Bank of Appomattox offer online and mobile banking?

Most modern institutions like Farmers Bank of Appomattox provide digital access including online balance checks and transfers.

Current Farmers Bank of Appomattox Rates

ProductAPY
12-Month CD3.00%
18-Month CD2.70%
24-Month CD2.55%
36-Month CD2.25%
60-Month CD2.15%
Savings0.10%
MMA0.10%

Rates subject to change.