What are the current interest rates at Gerber State Bank?

Current rates for Gerber State Bank include: 12-Month CD: 1.35%, 18-Month CD: 1.30%, 24-Month CD: 1.25%, 36-Month CD: 1.05%, Savings: 0.55%, MMA: 1.31%

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Gerber State Bank

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Gerber State Bank Rates & Review October 2026

Q: How many branches does Gerber State Bank operate?

Gerber State Bank currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Gerber State Bank 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Gerber State Bank 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: October 12, 2026

Gerber State Bank's top rates as of October 12, 2026 are 4.03% APY on its Certificates of Deposit - SPECIAL 210 Days CD, 0.55% APY on savings, and 1.31% APY on money market accounts, according to rates verified by MonitorBankRates. Other Gerber State Bank CD rates include 12-Months Certificates of Deposit - 12-Month at 1.46%, 12-Months Certificates of Deposit - 12-Month at 1.40%, and 18-Months Certificates of Deposit - 18-Month at 1.40%. MonitorBankRates evaluates the financial stability of Gerber State Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 6.29%. Rates last updated and verified on 10/12/2026.

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

Verified Healthy Q2 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 97/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

6.29%

Excellent Higher than avg

Health Trend

Improving 12 quarters

Full history ›

The Gerber State Bank

110 E Elm St
Argenta, IL 62501

https://www.gerberstatebank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Gerber State Bank CD Rates

Product	Rate	APY	Term
Certificates of Deposit - SPECIAL 210 Days	4.00%	4.03%	210 days
Min Deposit $2,500 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 4.03% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 12 month	1.45%	1.46%	12 months
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.35% → 1.46% ▲ 0.11 pts · high 1.46% / low 1.35% Sep 28, 20261.46%▲ from 1.35% Sep 14, 20261.35%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 12 month	1.40%	1.40%	12 months
Min Deposit $50,000 Details $50,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.35% → 1.40% ▲ 0.05 pts · high 1.40% / low 1.35% Sep 28, 20261.40%▲ from 1.35% Sep 14, 20261.35%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 18 month	1.40%	1.40%	18 months
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.30% → 1.40% ▲ 0.10 pts · high 1.40% / low 1.30% Sep 28, 20261.40%▲ from 1.30% Sep 14, 20261.30%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 12 month	1.35%	1.35%	12 months
Min Deposit $1,000 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 1.35% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 18 month	1.35%	1.35%	18 months
Min Deposit $50,000 Details $50,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.30% → 1.35% ▲ 0.05 pts · high 1.35% / low 1.30% Sep 28, 20261.35%▲ from 1.30% Sep 14, 20261.30%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 24 month	1.35%	1.35%	24 months
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.25% → 1.35% ▲ 0.10 pts · high 1.35% / low 1.25% Sep 28, 20261.35%▲ from 1.25% Sep 14, 20261.25%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 18 month	1.30%	1.30%	18 months
Min Deposit $1,000 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 1.30% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 24 month	1.30%	1.30%	24 months
Min Deposit $50,000 Details $50,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.25% → 1.30% ▲ 0.05 pts · high 1.30% / low 1.25% Sep 28, 20261.30%▲ from 1.25% Sep 14, 20261.25%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 24 month	1.25%	1.25%	24 months
Min Deposit $1,000 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 1.25% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 36 month	1.15%	1.15%	36 months
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.05% → 1.15% ▲ 0.10 pts · high 1.15% / low 1.05% Sep 28, 20261.15%▲ from 1.05% Sep 14, 20261.05%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 36 month	1.10%	1.10%	36 months
Min Deposit $50,000 Details $50,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History 1 change since Sep 14, 2026 · 1.05% → 1.10% ▲ 0.05 pts · high 1.10% / low 1.05% Sep 28, 20261.10%▲ from 1.05% Sep 14, 20261.05%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 36 month	1.05%	1.05%	36 months
Min Deposit $1,000 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 1.05% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 182 Days	0.80%	0.80%	182 days
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.80% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 182 Days	0.75%	0.75%	182 days
Min Deposit $2,500 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.75% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 91 Days	0.45%	0.45%	91 days
Min Deposit $100,000 Details $100,000+; APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.45% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Certificates of Deposit - 91 Days	0.40%	0.40%	91 days
Min Deposit $2,500 Details APY - Annual Percentage Yield - calculated on a 365 day basis and assumes interest is added to the account semi-annually. Withdrawal of interest may reduce the yield. Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.40% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%

Gerber State Bank Savings Rates

Product	Rate	APY
Health Savings Accounts	0.55%	0.55%
Min Deposit $10,000 Min Balance $10,000 Details Balance: $10,000.00 + Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.55% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Health Savings Accounts	0.45%	0.45%
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $9,999.99 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Health Savings Accounts	0.05%	0.05%
Min Deposit $25 Min Balance $0 Details Balance: $0.01 - $2,499.99 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Passbook Savings	0.05%	0.05%
Min Deposit $5 Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.05% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%

Gerber State Bank Money Market Rates

Product	Rate	APY
Money Market Accounts	1.30%	1.31%
Min Deposit $100,000 Min Balance $100,000 Details Balance: $100,000 and Over Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 1.31% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Money Market Accounts	0.70%	0.70%
Min Deposit $50,000 Min Balance $50,000 Details Balance: $50,000 - $99,999.99 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.70% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Money Market Accounts	0.65%	0.65%
Min Deposit $25,000 Min Balance $25,000 Details Balance: $25,000 - $49,999.99 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.65% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Money Market Accounts	0.40%	0.40%
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000 - $24,999.99 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
Money Market Accounts	0.05%	0.05%
Min Balance $0 Details Balance: If Below $1,000 Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 0.05% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%

Gerber State Bank Other Rates

Product	Rate	Points	APY/APR
IRA	0.70%	-	0.70%
Min Balance $25 Details Balance: $25.00 - 24,999.99 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.70% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
IRA	0.75%	-	0.75%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.75% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
IRA	0.90%	-	0.90%
Min Balance $50,000 Details Balance: $50,000.00 and Over Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.90% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%
NOW	0.05%	-	0.05%
Min Deposit $1,000 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.29%

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.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Gerber State Bank’s Texas Ratio fell from 7.95% in Q3 2023 to 6.29% in Q2 2026, so its financial health has improved over the past 12 quarters. Over the same period its Star Rating moved from 4.1 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	$101M	6.29%	5.0	A
March 31, 2026	$100M	5.94%	5.0	A+
December 31, 2025	$101M	6.53%	5.0	A
September 30, 2025	$100M	11.15%	5.0	A
June 30, 2025	$87M	13.70%	5.0	A
March 31, 2025	$89M	12.70%	5.0	A
December 31, 2024	$89M	13.34%	5.0	A
September 30, 2024	$92M	8.96%	5.0	A
June 30, 2024	$87M	9.26%	5.0	A
March 31, 2024	$90M	6.12%	5.0	A
December 31, 2023	$93M	5.53%	5.0	A+
September 30, 2023	$87M	7.95%	4.1	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 Gerber State Bank 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 Gerber State Bank 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 Gerber State Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Gerber State Bank

Bank Holding Company GERBER BANCSHARES INC

Address 110 E Elm St, Argenta, IL 62501 · Macon

Website https://www.gerberstatebank.com

FDIC Certificate # 899

Established 18871001

FDIC Insurance Date 19340101

Domestic Offices 2

Total Branches 2

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 97/100

5.0

Exceptional Out of 5.0 Stars

6.29%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.1393%

Return on Equity (ROE) 11.4800%

Non-Performing Loans (NPL) 0.62%

Total Assets $100,820,000

Total Deposits $78,055,000

Equity Capital $9,949,000

Net Income $573,000

Headquarters Argenta

Total Branches and Offices 2

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Gerber State Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

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       width="160" height="160">
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Learn more about the MBR Health & Safety Badge program on our methodology page.

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Frequently Asked Questions About Gerber State Bank

How many branches does Gerber State Bank operate?

Gerber State Bank currently maintains approximately 2 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, Gerber State Bank 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, Gerber State Bank provides members with tools to manage their accounts and build a solid financial history.

Does Gerber State Bank offer online and mobile banking?

Most modern institutions like Gerber State Bank 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.gerberstatebank.com.