Savings and Checking Accounts
| Minimum to Open | APY | Interest Rate | Compounding Frequency | |
| Savings* | $50.00 | 0.50% | 0.50% | Daily |
| N.O.W.* | $750.00 | 0.25% | 0.25% | Monthly |
| Super N.O.W.* | $2,500.00 | 0.25% | 0.25% | Monthly |
| IMMA* | $1,000.00 | 1.00% | 1.00% | Monthly |
Rates Effective: January 6, 2009
*Interest paid on daily statement balance.
The interest rate and annual percentage yield may change after account opening.
Fees could reduce earnings on the account.
Certificates of Deposit
| Minimum | APY* | Interest Rate | Compounding Fequency** | |
| CD 30-90 Days | $5,000.00 | 1.21% | 1.20% | Monthly |
| CD 182 Days | $5,000.00 | 1.76% | 1.75% | Monthly |
| CD 1 Year | $1,000.00 | 2.12% | 2.10% | Monthly |
| CD 2 Years | $1,000.00 | 2.63% | 2.60% | Monthly |
| CD 3 Years | $1,000.00 | 2.84% | 2.80% | Monthly |
| CD 4 Years | $1,000.00 | 3.04% | 3.00% | Monthly |
| CD 5 Years | $1,000.00 | 3.04% | 3.00% | Monthly |
Rates Effective: January 6, 2009
*Assumes reinvestment at same rate with monthly compounding.
**$10,000 minimum required for monthly or quarterly interest payment.
Lower balances paid semi-annually.
IRA's
| Minimum | APY* | Interest Rate | |
| Variable-No Maturity | $100.00 | 0.50% | 0.50% |
| 1 Year Fixed | $100.00 | 2.52% | 2.50% |
| 2 Year Fixed | $100.00 | 2.87% | 2.85% |
| 3 Year Fixed | $100.00 | 3.07% | 3.05% |
| 4 Year Fixed | $100.00 | 3.28% | 3.25% |
| 5 Year Fixed | $100.00 | 3.53% | 3.50% |
| Variable-18 Month | $100.00 | 1.86% | 1.85% |
*Interest paid semi-annually on all IRA's.
Effective: January 6, 2009
Interest Rates and Annual Percentage Yields
Please note that rates are subject to change without notice.
For more detailed information, you may call Farmers-Merchants National Bank at
217-379-4343 (Toll Free at 888-379-4343.)
A penalty may be imposed for early withdrawal.
Since these rates reflect the Paxton & Melvin Offices, call 815-686-2249 for rates
representing the Piper City market area.