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Farmers Bank of Appomattox Rates & Review April 2026

Farmers Bank of Appomattox's Jumbo CDs 6-Month rates are at 3.30%, Jumbo CDs 1 Year rates are at 3.15%, Jumbo CDs 2 Year rates are at 2.80%, 18-Month Club Certificate rates are at 2.70%, Jumbo CDs 3 Year rates are at 2.55%. Farmers Bank of Appomattox's savings rates are at 0.10%. Farmers Bank of Appomattox's money market rates are at 0.10%. MonitorBankRates evaluates the financial stability of Farmers Bank of Appomattox with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 5.70%. Rates were last updated on 04/17/2026.

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.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 97/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
5.70%
Excellent Lower than avg
Farmers Bank of Appomattox
223 Main St
Appomattox, VA 24522
https://www.thefarmersbankva.com
Member FDIC

Farmers Bank of Appomattox CD Rates

Product Rate APY Term View More
Jumbo CDs 6 Month 3.23% 3.30% 6 Month
Min Deposit $100,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Jumbo CDs 1 Year 3.07% 3.15% 1 Year
Min Deposit $100,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Jumbo CDs 2 Year 2.73% 2.80% 2 Year
Min Deposit $100,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
18 Month Club Certificate 2.67% 2.70% 18
Min Deposit $10,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Jumbo CDs 3 Year 2.49% 2.55% 3 Year
Min Deposit $100,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Jumbo CDs 5 Year 2.35% 2.40% 5 Year
Min Deposit $100,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
5 Year Fixed Rate CD IRA 2.13% 2.15%
Min Deposit $1,000
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%

Farmers Bank of Appomattox Savings Rates

Product Rate APY View More
Savings Variable Rate IRA 0.70% 0.70%
Min Deposit $100
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Statement Savings 0.10% 0.10%
Min Deposit $100
Min Balance $10
Details A minimum average daily balance of $10.00 to obtain the disclosed annual percentage yield
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%

Farmers Bank of Appomattox Money Market Rates

Product Rate APY View More
Money Market Account 1.25% 1.25%
Min Deposit $100
Min Balance $250,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $1,00.00 to obtain the disclosed annual percentage yield. Interest paid on four tier levels
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Money Market Account 0.50% 0.50%
Min Deposit $100
Min Balance $100,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $1,00.00 to obtain the disclosed annual percentage yield. Interest paid on four tier levels
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Money Market Account 0.15% 0.15%
Min Deposit $100
Min Balance $50,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $1,00.00 to obtain the disclosed annual percentage yield. Interest paid on four tier levels
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Money Market Account 0.10% 0.10%
Min Deposit $100
Min Balance $5,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $1,00.00 to obtain the disclosed annual percentage yield. Interest paid on four tier levels
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%

Farmers Bank of Appomattox Checking Rates

Product Rate APY View More
Century Business Checking 0.20% 0.20%
Min Deposit $100
Min Balance $250,000
Details minimum average daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Checking 0.20% 0.20%
Min Deposit $100
Min Balance $250,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Business Checking 0.15% 0.15%
Min Deposit $100
Min Balance $50,000
Details minimum average daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Checking 0.15% 0.15%
Min Deposit $100
Min Balance $50,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Business Checking 0.10% 0.10%
Min Deposit $100
Min Balance $10,000
Details minimum average daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Checking 0.10% 0.10%
Min Deposit $100
Min Balance $10,000
Details $100 Minimum Opening Deposit, minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Business Checking 0.05% 0.05%
Min Deposit $100
Min Balance $1,000
Details minimum average daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
Century Checking 0.05% 0.05%
Min Deposit $100
Min Balance $500
Details $100 Minimum Opening Deposit, minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
NOW Sterling Business Checking 0.05% 0.05%
Min Deposit $100
Min Balance $500
Details minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%
NOW Sterling Checking 0.05% 0.05%
Min Deposit $100
Details minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 5.70%

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

Institution Name Farmers Bank of Appomattox
FDIC Certificate # 6813
Address 223 Main St, Appomattox, VA 24522  ·  Appomattox
Established 09/16/1918
FDIC Insurance Date 01/01/1934
Domestic Offices 6
Total Branches 6
Regulator FED
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 97/100
5.0
Exceptional Out of 5.0 Stars
5.70%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.9290%
Return on Equity (ROE) 10.3300%
Non-Performing Loans (NPL) 0.43%
Total Assets $365,660,000
Total Deposits $317,224,000
Equity Capital $38,943,000
Net Income $3,278,000
Headquarters Appomattox
Total Offices 6
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Frequently Asked Questions About Farmers Bank of Appomattox

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

Yes, Farmers Bank of Appomattox is considered a safe financial institution. With a Texas Ratio of 5.7034083970836%, the institution's financial health is rated as excellent. 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 Bank of Appomattox operate?

Farmers Bank of Appomattox currently maintains approximately 6 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 Bank of Appomattox 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 Bank of Appomattox provides members with tools to manage their accounts and build a solid financial history.

Does Farmers Bank of Appomattox offer online and mobile banking?

Most modern institutions like Farmers Bank of Appomattox 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.thefarmersbankva.com.

Current Farmers Bank of Appomattox Rates

  • 12-Month CD3.15%
  • 18-Month CD2.70%
  • 24-Month CD2.80%
  • 36-Month CD2.55%
  • 60-Month CD2.15%
  • Savings0.10%
  • MMA0.10%
Retrieved from our database of financial products. Rates subject to change.