Certificates of Deposit*

Certificates of Deposit

Looking for ways to invest your funds in a safe manner?  The Farmers Bank of Appomattox has a number of avenues you can choose from.  A Certificate of Deposit is a time deposit where customers are paid competitive rates when you invest your funds for a specified period of time.  Our CD maturity terms range from 6 months to 5 years.  Our Customer Service Representatives would be glad to assist you with any questions you may have.

Jane Thomas
Assistant Vice President and Assistant Branch Manager

  • $1,000 minimum deposit to open ($500 minimum for minor accounts)
  • Numerous maturity periods available
  • Interest rates vary according to length of term
  • Jumbo CD rates
  • No-Penalty CD available*

Farmers Bank will notify you when your CD is about to mature.  You will also receive a renewal rate notification to let you know what the plan is paying.  You will have a 10-day grace period to change your term or withdraw your certificate without penalty.

Click here for Current Rate Sheet

*An early withdrawal penalty will apply to all certificates except the "No-Penalty" CD. A penalty equal to 30 days of interest will be assessed for terms of twelve months or less, or 91 days of interest for longer terms.