Farmers and Merchants State Bank (IA)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.25%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
1.00%	1-year CD	2.65% - Barclays 12 Month Online CD
0.25%	Savings	2.00% - Ally Bank Online Savings Account

View all Farmers and Merchants State Bank (IA) rates »

Overview / Commentary

www.fmstate.bank

515-462-4242

101 West Jefferson
Winterset, IA 50273

Farmers and Merchants State Bank (IA) is headquartered in Winterset and is the 118^th largest bank in the state of Iowa. It is also the 3,000^th largest bank in the nation. It was established in 1938 and as of September of 2018, it had grown to 35 employees at 4 locations. Farmers and Merchants State Bank (IA)'s CD rates are 11% higher than the national average, and it has an A health rating.

Overall
FDIC Certificate #	15610
Year Established	1938
Employees	35
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.21%
Return on Equity - YTD	13.01%
Annual Interest Income	$5.2MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$189.7MM$192.5MM
Loans	Q3 2018vs Q3 2017	$112.6MM$110.2MM
Deposits	Q3 2018vs Q3 2017	$166.4MM$165.2MM
Equity Capital	Q3 2018vs Q3 2017	$18.2MM$18.4MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.2MM$1.2MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$48.00K$81.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Farmers and Merchants State Bank (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%	-	-	Money Tree Savings
0.25%^*	$5k^*	-	Savings Account
OTHER TIERS: 0.20% → Up to $5k
0.25%^*	$5k^*	-	Christmas Club
OTHER TIERS: 0.20% → Up to $5k

Farmers and Merchants State Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%^*	$25k^*	-	Money Market Savings
OTHER TIERS: 0.25% → Up to $5k \| 0.30% → $5k - $25k

Farmers and Merchants State Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	-	-	Now Account

Farmers and Merchants State Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$250	-	36 Month Money Tree CD
2.50%	$1k	-	36 Month CD
2.25%^*	$10k^*	-	60 Month CD
OTHER TIERS: 2.00% → $1k - $10k
2.00%^*	$10k^*	-	48 Month CD
OTHER TIERS: 1.75% → $1k - $10k
1.50%	$1k	-	24 Month CD
1.25%	$1k	-	18 Month CD
1.00%	$1k	-	12 Month CD
0.75%	$1k	-	6 Month CD

Farmers and Merchants State Bank (IA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	60 Month IRA
0.75%	$10	-	18 Month IRA
0.60%	$25	-	12 Month Roth IRA
0.60%	$25	-	12 Month CESA

Locations

Farmers and Merchants State Bank (IA) Locations
Farmers and Merchants State Bank	101 West Jefferson	Winterset, IA 50273
Orient Branch	114 South Broad Street	Orient, IA 50858
St Charles Branch	317 East Main Street	Saint Charles, IA 50240
Motor Branch	722 North First Street	Winterset, IA 50273

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