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Farmers State Bank
FreedomBank

Whether you're saving for the future, your retirement, or for something special, we have an account for you. For current saving account rates, please contact us.

SAVINGS ACCOUNT

  • $100 minimum opening balance
  • Maintain $100 average current balance to avoid service charge
  • First 6 debits are free
  • Interest paid monthly or quarterly
  • Free online and mobile banking

MONEY MARKET

  • $5,000 minimum opening balance
  • Maintain $5,000 average current balance to avoid service charge
  • Interest based on average daily balance
  • First 6 debits are free
  • Free online and mobile banking
  • Free BillPay
  • 150 free basic checks at account opening

CERTIFICATE OF DEPOSIT ACCOUNTS (CD)
For your long term savings goals, FreedomBank offers CD terms from 91 days to 60 months. Our FDIC insured CDs offer competitive rates and peace of mind for a low risk savings plan. For our current interest rates, please contact us or view our deposit rates.


INDIVIDUAL RETIREMENT ACCOUNTS (IRA)
Whether saving for retirement or education, FreedomBank offers a variety of Individual Retirement Accounts (IRAs). As an employer, you can set up traditional IRAs (SEP) for your employees. Your contributions are tax deductible and provide a benefit to your employees. These accounts have maximum annual contribution limits and certain tax benefits based on federal guidelines. Please contact us and ask for one of our IRA Specialists for more information.