The Farmers & Merchants Bank 12 Month CD Rates

The Farmers & Merchants Bank of Adamsville, TN, is offering one of the best CD rates available right now in TN or any other state. The Farmers & Merchants Bank's current 12 month CD rates are at 1.35%. That rate is considerably higher than the current national average 1 year CD rate of 0.54% as reported by Monitor Bank Rates.

You probably haven't hears of The Farmers & Merchants Bank but they have been around for a long time and deposits have been insured by the FDIC since 1934. The bank's FDIC cert number is 9188.

Other bank CD rates at The Farmers & Merchants Bank are not as good as the bank's 12 month CD rate. For example, 5 year CD interest rates are only at 1.80%. That rate is better than a lot of rates but you can get 5 year interest rates as high as  2.77%.

To find out more about opening a certificate of deposit account at the bank contact them here: The Farmers & Merchants Bank CD Rates.
Author: Robert Till
July 15th, 2011
Posted in: CD Rates