CDs & IRAs
Make Your Money Work for You! Certificates of Deposit
Merchants and Farmers Bank offers a wide range of certificate of deposit investment options. You will have a guaranteed fixed rate of interest for a specific time period by purchasing a certificate of deposit. Terms vary from 32 days to 30 months with a minimum $ 500.00 opening deposit. Interest may be paid monthly, quarterly, semi-annually, or annually. Federal law requires a substantial penalty for early withdrawal.