Farmers and Merchants Bank of St. Clair savings, CD and money market rates
Farmers and Merchants Bank of St. Clair's Statement Savings advertises 0.20% APY. That is 0.18 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1854 of 3121 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1635.
Estimate your earnings·What Farmers and Merchants Bank of St. Clair actually pays
Farmers and Merchants Bank of St. Clair at a glance
| Savings | |
|---|---|
| Top savings APY | 0.20% · Statement Savings |
| Minimum to open | $200 · Statement Savings |
| Against the national average | 0.18 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.60% · 5 months · 5 Month CD (New Money) |
| Minimum to open | $500 · 5 months CD |
| Against the national average | 3.21 percentage points above the 1.39% FDIC 6-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | 4.00% · Premium MMDA · needs at least $250,000 |
| Minimum to open | $50,000 · Premium MMDA |
| Against the national average | 3.37 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 14056 · Saint Clair, MO |
|---|---|
| Website | www.fmb4banking.bank |
| Branches | 4 branches in MO |
| Availability | Available in MO |
Farmers and Merchants Bank of St. Clair savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
IRA
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Farmers and Merchants Bank of St. Clair CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 5 months | 4.60% | $500 | 5 Month CD (New Money) |
| 6 months | 0.40% | $500 | 6 Month CD |
| 7 months | 4.13% | $500 | 7 Month CD |
| 11 months | 4.60% | $500 | 11 Month CD (New Money) |
| 12 months | 3.80% | $500 | 1 Year CD |
| 13 months | 4.20% | $500 | 13 Month CD |
| 18 months | 1.50% | $500 | 18 Month CD |
| 19 months | 4.60% | $500 | 19 Month CD (New Money) |
| 24 months | 3.80% | $500 | 2 Year CD |
| 36 months | 2.50% | $500 | 3 Year CD |
| 48 months | 2.50% | $500 | 4 Year CD |
| 60 months | 2.50% | $500 | 5 Year CD |
| IRA CDs | |||
| 12 months | 3.80% | $500 | IRA 12 Month CD |
| 18 months | 1.50% | $500 | IRA 18 Month CD |
| 24 months | 3.80% | $500 | IRA 24 Month CD |
| 36 months | 2.50% | $500 | IRA 36 Month CD |
| 60 months | 2.50% | $500 | IRA 60 Month CD |
Interactive Tool
Calculate Savings for Farmers and Merchants Bank of St. Clair
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$93.40(0.7%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,093.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Farmers and Merchants Bank of St. Clair pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Farmers and Merchants Bank of St. Clair paid a higher average rate on savings and money market deposits than 25% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Farmers and Merchants Bank of St. Clair, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Lazy River Kids Club Savings | Up to 0.61% | $25 | $25 | $5,000 | No Monthly Maintenance Fee | not stated | Tiered | |
| Fine print: The higher posted rate applies only to balances of $5,000 and under. Balances over $5,000 earn the lower posted rate. | ||||||||
| Statement Savings | 0.20% | $200 | $0 | None | No Monthly Maintenance Fee with a $200 Minimum Average Balance, can be waived | not stated | One rate | |
| Fine print: The monthly maintenance fee is waived with a $200 minimum average balance. | ||||||||
| Health Savings Account | Up to 0.20% | $100 | $0 | $4,999.99 | not stated | not stated | One rate | |
| Premium MMDA | 4.00% | $50,000 | $50,000 | None | not stated | not stated | Tiered | |
| MMDA Regular & Business | Up to 0.30% | $2,500 | $500 | None | No monthly maintenance fee with a $2500 minimum average balance | not stated | Tiered | |
| Fine print: $2,500 is required to open the account. The lowest rate tier starts at $500. The monthly maintenance fee is waived with a $2,500 minimum average balance. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 5 Month CD (New Money) | 5 months | 4.60% | $500 | not stated | not stated |
| 6 Month CD | 6 months | 0.40% | $500 | not stated | not stated |
| 7 Month CD | 7 months | 4.13% | $500 | not stated | not stated |
| 11 Month CD (New Money) | 11 months | 4.60% | $500 | not stated | not stated |
| 1 Year CD | 12 months | 3.80% | $500 | not stated | not stated |
| 13 Month CD | 13 months | 4.20% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 1.50% | $500 | not stated | not stated |
| 19 Month CD (New Money) | 19 months | 4.60% | $500 | not stated | not stated |
| 2 Year CD | 24 months | 3.80% | $500 | not stated | not stated |
| 3 Year CD | 36 months | 2.50% | $500 | not stated | not stated |
| 4 Year CD | 48 months | 2.50% | $500 | not stated | not stated |
| 5 Year CD | 60 months | 2.50% | $500 | not stated | not stated |
| IRA CDs | |||||
| IRA 12 Month CD | 12 months | 3.80% | $500 | not stated | not stated |
| IRA 18 Month CD | 18 months | 1.50% | $500 | not stated | not stated |
| Fine print: The rate is variable and can change during the term. | |||||
| IRA 24 Month CD | 24 months | 3.80% | $500 | not stated | not stated |
| IRA 36 Month CD | 36 months | 2.50% | $500 | not stated | not stated |
| IRA 60 Month CD | 60 months | 2.50% | $500 | not stated | not stated |
Fine print for 3 CDs above: Only funds not already on deposit with the bank may be used to open this certificate.
Opening and using the account
| Availability | Available in MO |
|---|---|
| Footprint | 4 branches in MO |
| Eligibility | not stated |
How Farmers and Merchants Bank of St. Clair behaves over time
Every observation of the advertised Statement Savings rate in the last 12 months was 0.20% (observed through Oct 26, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 23, 20265 Month CD (New Money)Raise:4.15%to4.60%
- Obs. Sep 23, 20266 Month CDCut:3.51%to0.40%
- Obs. Sep 23, 20267 Month CDRaise:3.71%to4.13%
- Obs. Aug 31, 20265 Month CD (New Money)Raise:4.05%to4.15%
- Statement Savings
- The same as 30 days ago.
- 5 months CD
- The same as 30 days ago.
- Premium MMDA
- The same as 30 days ago.
$10,000 at the 0.20% APY Farmers and Merchants Bank of St. Clair advertises on Statement Savings grows to $10,020 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,659 does today. See how the federal funds rate shapes savings rates.
Farmers and Merchants Bank of St. Clair CD rates over time
Who is Farmers and Merchants Bank of St. Clair?
| Headquarters | Saint Clair, MO |
|---|---|
| Founded | 1913 |
| Scale | $343M assets · $301M deposits, $239M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 14056 |
| Charter state | Missouri · one of 194 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,213th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 11% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Farmers and Merchants Bank of St. Clair pays on deposits above.
Common questions about Farmers and Merchants Bank of St. Clair
Is Farmers and Merchants Bank of St. Clair FDIC insured?
Yes. Farmers and Merchants Bank of St. Clair is FDIC insured under certificate 14056, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Farmers and Merchants Bank of St. Clair?
Farmers and Merchants Bank of St. Clair requires a minimum deposit of $200 to open its Statement Savings account, as observed on Oct 26, 2026. Check the bank's current terms before you open an account.
Does Farmers and Merchants Bank of St. Clair have branches?
Yes. Farmers and Merchants Bank of St. Clair operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
Farmers and Merchants Bank of St. Clair against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Farmers and Merchants Bank of St. Clair | 0.20% | 0.78% | $200 | 4 branches in MO |
| Aroostook County Federal Savings and Loan Association | 0.20% | 1.92% | $5 | 2 branches in ME |
| Bank Forward | 0.20% | 3.74% | $200 | 12 branches in MN, ND |
| Bank of Prairie du Sac | 0.20% | 2.46% | $100 | 2 branches in WI |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Farmers and Merchants Bank of St. Clair's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Missouri, nearest to Farmers and Merchants Bank of St. Clair in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: CD rates in Missouri, money market rates in Missouri, and banks in Missouri.