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Important Information Regarding Farmers Debit Card Update to Mastercard: Please do not attempt to activate your new debit card at an ATM due to technical difficulties at this time.

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Certificates of Deposit Personal

A lucrative commitment

Certificates of Deposit (CDs) allow customers to save at potentially higher rates than savings or money market accounts.

See Current Rates

Comparison table of certificates of deposit.
  7 - 31 Day CD 3 Month CD 6 - 11 Month CD 12 - 120 Month CD
Minimum to Open $1,000 $1,000 $500 $500
Timeframes 7 - 31 Days 3 Months 6 - 11 Months 12 - 120 Months
Penalty Penalty for early withdrawal* Penalty for early withdrawal* Penalty for early withdrawal* Penalty for early withdrawal*
Rate Competitive interest rates set weekly** Competitive interest rates set weekly** Competitive interest rates set weekly** Competitive interest rates set weekly**
Maturity Automatic renewal*** Automatic renewal*** Automatic renewal*** Automatic renewal***
Interest Interest paid by check, deposit to account or capitalized on the CD at maturity Interest paid by check, deposit to account or capitalized on the CD at maturity Interest paid monthly, quarterly or at maturity by check, deposit to account or capitalized on the CD**** Interest paid monthly, quarterly or at maturity by check, deposit to account or capitalized on the CD****

Additional Information

  • CD balances over $100,000 are not automatically renewable
  • No deposits permitted except at maturity
  • Refer to rate charts and disclosures for full details

*See disclosure for details. Partial cash withdrawal is permitted early with penalty.

**Once opened, interest rate does not change for the term of the CD. Refer to rate charts and disclosures for full details

***Customer has 10 days after maturity date to cash, add to, or change without penalty under $100,000

****Compounding of interest is permitted quarterly

Other fees, terms and conditions apply.

Rates are subject to change without notice.

SEE BANK DISCLOSURE FOR DEPOSIT MINIMUMS AND OTHER REQUIREMENTS

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