Overview / Commentary
563-568-3417
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 3,345th largest bank in the nation. It was established in 1925 and as of September of 2018, it had grown to 28 employees at 2 locations. Farmers and Merchants Savings Bank's money market rates are 93% higher than the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #255
Year Established1925
Employees28
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.58%
Return on Equity - YTD18.98%
Annual Interest Income$5.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$157.6MM$155.1MM
LoansQ3 2018vs Q3 2017$114.8MM$107.5MM
DepositsQ3 2018vs Q3 2017$119.6MM$121.6MM
Equity CapitalQ3 2018vs Q3 2017$22.9MM$21.2MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.3MM$1.9MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$416.00K$1.3MM
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$50k*-FMSB Money Market
OTHER TIERS: 0.20% Up to $5k | 0.50% $5k - $25k | 0.75% $25k - $50k

Farmers and Merchants Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.62%$500-27 Month CD
2.47%$500-14 Month CD
2.26%$500-60 Month CD
2.02%$500-3 Month CD
2.01%$500-6 Month CD
2.01%$500-48 Month CD
2.00%$500-10 Month CD
1.91%$500-36 Month CD
1.76%$500-24 Month CD
1.40%$500-12 Month CD

Farmers and Merchants Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%--12 Month Fixed Rate IRA
1.40%--12 Month Variable Rate IRA
Locations


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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