Savings

At Farmers Bank, we believe that creating a secure tomorrow begins with taking steps toward saving today. Our savings accounts offer a variety of benefits, services, and interest-bearing resources to help our customers build wealth for their future.

For more information about our innovative banking products and services, call 757-242-6111 to speak with one of our specialists.

Personal Savings Accounts

Farmers Bank savings accounts are interest-bearing accounts, with interest deposited to the account semi-annually.

$100.00 Minimum deposit to open.
Minimum daily balance of $300.00 per statement cycle.
$4.00 Monthly maintenance fee if minimum daily balance not met per statement cycle.
Limited to 3 withdrawals per statement cycle before excessive withdrawal fees are assessed.
Farmers Bank Debit Card is available upon request.

Personal Money Market Accounts

Our Money Market account holders receive the benefit of earning a competitive interest rate with check writing privileges.

$100.00 Minimum deposit to open.
Minimum daily balance of $2,500.00 per statement cycle.
$8.00 Monthly maintenance fee if minimum daily balance not met per statement cycle.
Limited to 6 withdrawals per statement cycle before excessive withdrawal fees are assessed.
Farmers Bank Debit Card is available upon request.

Certificate of Deposit*

CDs offer higher interest rates with maturity dates ranging from 3 to 60 months. This type of account is ideal for longer term savings goals and retirement.