Variable Passbook Savings


Is A Passbook Savings Right For You?

A good savings regimen can have you prepared for anything–and give you peace of mind.  The Farmers State Bank makes it easy to build a solid foundation for you and your family with this basic savings accounts.


  • Minimum to open/minimum balance – $100
  • Interest paid quarterly
  • 8 free withdrawals per quarter; $5 per withdrawal greater than 8
  • $25 minimum average daily balance to earn interest


BalanceInterest RateAPY*
$0.00 - $24.99 0.00%0.00%
$25.00 & Over 0.05%0.05%


All Variable Passbook savings accounts are interest bearing. The interest rate and annual percentage yield depend on the average daily balance held in the account. Interest is credited to the account quarterly. $5 per quarter charge if the average daily balance falls below $100. 8 free withdrawals per quarter, $5 for each additional withdrawal.  If the account is closed before interest is credited, you may not receive the accrued interest. Fees may reduce earnings on the account. The interest rate and annual percentage yield are subject to change without notice. The annual percentage yield is accurate as of 11/27/2023.       *APY = Annual Percentage Yield