Farmers and Merchants State Bank of Appleton

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.farmers-merchants.com

320-289-1454

239 North Miles
Appleton, MN 56208

Farmers and Merchants State Bank of Appleton is headquartered in APPLETON and is the 205^th largest bank in the state of Minnesota. It is also the 4,141^st largest bank in the nation. It was established in 1915 and as of March of 2025, it had grown to 8 employees at 1 location. Farmers and Merchants State Bank of Appleton has a B+ health rating.

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Farmers and Merchants State Bank of Appleton has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	8845
Year Established	1915
Employees	8
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.82%
Return on Equity - YTD	23.4%
Annual Interest Income	$902K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$60.8MM$64.6MM
Loans	Q1 2025vs Q1 2024	$48.5MM$46.7MM
Deposits	Q1 2025vs Q1 2024	$53.5MM$51.6MM
Equity Capital	Q1 2025vs Q1 2024	$7.2MM$6.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.1MM$1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$839K$1MM
Real Estate Owned	Q1 2025vs Q1 2024	$431K$431K

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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 State Bank of Appleton Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$0	$25k	Kasasa Saver
OTHER TIERS: 0.18% → $25k+

Farmers and Merchants State Bank of Appleton Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.50%^*	$0	$10k	Kasasa Cash Checking
OTHER TIERS: 0.23% → $10k+

Locations

Farmers and Merchants State Bank of Appleton Locations
Farmers and Merchants State Bank Of Appleton	239 N Miles St	Appleton, MN 56208

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