Consumer Deposit Accounts

Rates Effective: April 20, 2025

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Ultimate Interest Checking

Savings

Regular Savings

Account	Rate	APY*
$0 - $2,499.99	0.05%	0.05%
$2,500 - $24,999.99	0.15%	0.15%
$25,000+	0.45%	0.45%

Health Savings Account

Account	Rate	APY*
$600 - $1,499.99	0.05%	0.05%
$1,500 - $2,499.99	0.05%`	0.05%
$2,500 - $4,999.99	0.10%	0.10%
$5,000 - $14,999.99	0.25%	0.25%
$15,000+	0.60%	0.60%

Kid’s Savings Account

Account	Rate	APY*
$0.01+	0.75%	0.75%

Money Markets

Account	Rate	APY*
$800 - $14,999.99	0.25%	0.25%
$15,000 - $99,999.99	1.00%	1.00%
$100,000 - $249,999.99	1.25%	1.26%
$250,000 - $499,999.99	1.50%	1.51%
$500,000 - $999,999.99	2.50%	2.53%
$1,000,000-$4,999,999.99	3.00%	3.04%
$5,000,000+	3.50%	3.55%

Certificates of Deposit

CD Specials

Term	Rate	APY*	Penalty
Minimum Initial Deposit of $5,000
3 Month	0.50%	0.50%	30 days
8 Month	4.00%	4.03%	60 days
11 Month	4.00%	4.01%	60 days
23 Month	3.75%	3.75%	90 days
39 Month	3.00%	3.00%	120 days
59 Month	2.75%	2.75%	150 days

Regular CD

Term	Rate	APY*	Penalty
Minimum Initial Deposit of $500
6 Month	0.50%	0.50%	30 days
12 Month	2.00%	2.00%	60 days
18 Month	1.75%	1.75%	90 days
24 Month	1.50%	1.50%	90 days
36 Month	1.35%	1.35%	120 days
48 Month	1.35%	1.35%	150 days
60 Month	1.35%	1.35%	150 days

Funeral Trust CD

Term	Rate	APY	Penalty
60 Month	1.35%	1.35%	150 Days

IRAs

IRA Specials

Term	Rate	APY*	Penalty
Minimum Initial Deposit of $5,000
8 Month	4.00%	4.04%	60 days
11 Month	4.00%	4.04%	60 days
23 Month	3.75%	3.79%	90 days
39 Month	3.00%	3.02%	120 days
59 Month	2.75%	2.77%	150 days

Regular IRA

Term	Rate	APY*	Penalty
Minimum Initial Deposit of $500
3 Month	0.50%	0.50%	30 days
6 Month	0.50%	0.50%	30 days
12 Month	2.00%	2.01%	60 days
18 Month	1.75%	1.76%	90 days
24 Month	1.50%	1.51%	90 days
36 Month	1.35%	1.35%	120 days
48 Month	1.35%	1.35%	150 days
60 Month	1.35%	1.35%	150 days

A copy of Farmers & Merchants Bank’s Account Rules and Regulations is available upon request. Rate refers to Interest Rate and APY refers to Annual Percentage Yield. The APY for CDs and Retirement CDs is based upon the maximum term of deposit for each maturity range. Penalty for early withdrawal on CDs and Retirement CDs. Checking and savings account fees could reduce earnings. * Rates and balance tiers for checking, savings, CDs, and Retirement CDs are applicable as of the Effective Date and may change at Farmers & Merchants Bank’s discretion without notice.