It’s rare to find an exciting savings interest rate these days, but some banks are still offering great savings accounts with competitive rates. For example, Farmers State Bank is providing a savings rate of 1.00% APY. There’s never been a better time to acquire a great rate with so many perks.
If you’re looking for a great deal then you’ve run into one of the best savings account rates out there—one that doesn’t require high opening deposits or daily/monthly balances. The Statement Savings Account from Farmers requires no minimum deposit to open the account and no minimum balance to earn the very competitive APY. Your only job is to open an account and let the interest begin to add up.
Farmers State Bank got its start in 1928 as a service to its local community and surrounding farming communities. Since that time, the bank has grown to over $63 million in total assets. In addition to savings accounts, the bank offers checking accounts, CDs, retirement and college savings plans and loans. For more information, call or visit its location in Marcus, Iowa.
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