Now is the best time of the year to start a new account experience. As the year comes to a close, banks are rolling out major promotions to prepare you for your financial world ahead! With that said, Farmers Bank is offering residents of Oklahoma a wide selection of rates to fit all your banking needs. Whether you are looking for a short term or long term solution, there is definitely an account to fit your desired deposit amount. Currently, the financial institution is offering a special 1.76% APY on a 6-Month CD, 2.02% APY on a 9-Month CD or a 2.52% APY on a 18-Month CD Specials on a balance of $10,000 or more. If you would like to take advantage of this limited time offer, I suggest you head on over to your local branch today and start your new account!
Farmers Bank CD Summary:
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- Account Type: CD account
- Current Promotion: 1.76% APY 6-Month CD, 2.02% APY 9-Month CD, 2.52% 18-Month CD
- Special APY Rates/Balance requirements:
- 6 Month CD Term:
- 1.76% – $10,000
- 9-Month CD Term:
- 2.02% – $10,000
- 18-Month CD Term:
- 2.52% – $10,000
- 6 Month CD Term:
- APY Rates/Balance Requirements:
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- 0.10% APY- Less than $1,000
- 0.10% APY- $0-$49,999.99
- 0.50% APY- $50,000.00-$99,999.99
- 1.00% APY- $100,000.00-$249,999.99
- 1.55% APY- $250,000.00-$999,999.99
- 1.76% APY- $1,000,000.00 and up
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- Availability: OK (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $10,000
- Additional Requirements: None
- Early Withdrawal Fee: A penalty may be imposed for withdrawals before maturity.
- Auto-Renewal: None listed, check with CSR
Farmers Bank Best CD Rates:
All in all, Farmers Bank has been consistently ranked among one of the highest across the board from our statewide Best 6 or 9-Month CD Rates as well as our Best 18-Month CD Rates regional list. If you would like to take advantage in making a higher rate than a traditional savings account and regular CD accounts alike, then be sure to check out one of the three promotions the bank has to offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Farmers Bank CD Account Features:
- Different terms
- Earns higher rate of interest than regular savings account
- Low deposit requirement
- Online access
- Mobile access
- FDIC insured
Conclusion:
If you are on the market for a new banking account, then please do not hesitate. Farmers Bank is offering a wide range of lengths and rates that will definitely play in your advantage. Whether you are looking for a short term or long term solution, the bank has a tier to fit your needs. Additionally, you can choose to deposit your own amount and earn one of the tiered rates. However, I would most definitely recommend taking a look at the 1.76% APY 6-Month CD, 2.02% APY 9-Month CD, 2.52% 18-Month CD Specials. All you need to do is meet the deposit and watch your money grow! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.