Available for residents of Kansas, Farmers State Bank is now offering a 1.44% APY for their Consumer Treasury Index Account. For those of you that don’t know what this account is, it is a Money Market account with a higher required balance and higher interest rate. To get started with this rate, all you would need to do is have a opening deposit greater than or equal to $25,000. Once you have done so, you will receive the rate as well as a wide range of account features to compliment your banking experience. Additionally, you can also bank with ease knowing the bank is FDIC insured. How great is that! Are you currently interested? Please do not hesitate! I recommend you apply as soon as you can as the rate’s subjected to change.
Editor’s Note: This is not just a regular Money Market account, as the interest will change every week and will match the 91 Day U.S Treasury Bill. This rate adjusts weekly and can go up or down. For any more questions, be sure to contact CSR.
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Farmers State Bank Account Summary:
- Apply Now
- Account Type: Consumer Treasury Index Account
- Rate: 1.44% APY
- Availability: Kansas (Bank Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: See Below
- Avoid Monthly Fee: $10, can be waived if your account balance exceeds 25,000.
- Early Termination Fee: Please contact your local representative regarding termination fee
Farmers State Bank Account Requirements:
- Open a Consumer Treasury Index Account with Farmers State Bank.
- Minimum balance of $25,000 is required. Only new funds qualify for the APY rate.
- 1.44% rate applicable to account balances of $25,000 or higher.
Farmers State Bank Fine Print:
- Interest Calculated on Average Daily Balance
- Fees Charged May Reduce the Earnings On the Account
- Interest Rates subject to change without notice
- Substantial Penalty For Early Withdrawal Of CD’s
- Variable Rate-Rates May Change After Account Is Opened
Conclusion:
It is often difficult to select which account fits your needs the best. With a sea of bank rates, finding one that’s perfect for you isn’t as easy as it seems. However, with Farmers State Bank, you can do just that! With a new account, you can earn a generous rate just for meeting its deposit requirement. Additionally, with access to a range of account features, banking has never been easier. However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
