The Farmers & Merchants Bank offers their high interest rate money market account. The bank’s current money market rate is 1.36% APY for a minimum balance of $2,500.

Some of the important features of this money market account are:

• you need to deposit a minimum of $2,500 to open this money market account
• make sure that you maintain your balance on or above $2,500 to avoid the monthly service fee of $6.50
• the money market rate is being calculated on a daily balance of the account and credited every month
• you are also allowed to process phone banking bill payment, online bill pay, and online bank transfers at least 6 times within the billing cycle
• you are also eligible to make unlimited over the counter withdrawals and deposits
• you will also receive monthly statements so you can monitor our account

Interested individuals who want to open a money market account may visit one of the branches nearest your location. The Farmers & Merchants Bank have offices in the counties of Dyer, Trenton, and Humboldt in the state of Tennessee. You may also call the customer service hotline regarding rates and other specifics regarding money market account thru 1800-443-2636.

The Farmers & Merchants Bank is the oldest community bank in the county of Gibson and it was established in 1895. the bank has a total declared assets of $535.6 million.

The Farmers & Merchants Bank is a member of Federal Deposit Insurance Corporation and has a certificate number of 8668.