Farmers and Merchants Savings Bank

Popular Accounts at this Bank

2.26%5-year CD
1.40%1-year CD
2.01%4-year CD
View all Farmers and Merchants Savings Bank rates »

Overview / Commentary
201 West Main Street
Waukon, IA 52172

Farmers and Merchants Savings Bank is headquartered in Waukon and is the 142nd largest bank in the state of Iowa. It is also the 3,324th largest bank in the nation. It was established in 1925 and as of June of 2018, it had grown to 29 employees at 2 locations. Farmers and Merchants Savings Bank's CD rates are 56% higher than the national average, and it has an A health rating.


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Health Grade Components

FDIC Certificate #255
Year Established1925
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.85%
Return on Equity - YTD21.47%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$160.1MM$154.3MM
LoansQ2 2018vs Q2 2017$114.5MM$105.5MM
DepositsQ2 2018vs Q2 2017$121.3MM$121.5MM
Equity CapitalQ2 2018vs Q2 2017$22.3MM$20.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.3MM$1.9MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$61.00K$410.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Farmers and Merchants Savings Bank Savings Account Rates

1.26%*$10k*-FMSB HSA Checking
OTHER TIERS: 0.15% Up to $500 | 0.30% $500 - $10k

Farmers and Merchants Savings Bank Money Market Rates

0.60%*$50k*-FMSB Money Market
OTHER TIERS: 0.10% Up to $5k | 0.40% $5k - $25k | 0.50% $25k - $50k

Farmers and Merchants Savings Bank CD Rates

2.26%$500-60 Month CD
2.26%$500-27 Month CD
2.01%$500-48 Month CD
2.01%$500-14 Month CD
1.91%$500-36 Month CD
1.85%$500-10 Month CD
1.76%$500-24 Month CD
1.40%$500-12 Month CD
0.75%$500-6 Month CD
0.50%$500-3 Month CD

Farmers and Merchants Savings Bank IRA Rates

1.51%--12 Month Fixed Rate IRA
1.40%--12 Month Variable Rate IRA

Farmers and Merchants Savings Bank Locations
Wal-Mart Branch1798 Old Stage RoadDecorah, IA 52101
Farmers and Merchants Savings Bank201 West Main StreetWaukon, IA 52172

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