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Employee Owned.
Customer Focused.

RATED 5 STARS FOR 4 CONSECUTIVE YEARS BY BAUER FINANCIAL, INC.

Photo credit: Tom's Photography (Country road in rural Bloomington)

Competitive Rates

First Farmers State Bank has competitive rates designed to fit exactly what you're looking for.

Mortgage Rates

Effective Date: September 18, 2018  |  Rates are subject to change

Type Rate APR
30 Year Conventional Fixed 5.000% 5.021%
20 Year Conventional Fixed 4.750% 4.779%
15 Year Conventional Fixed 4.375% 4.411%
Home Equity Line of Credit 5.000% 5.000%

Deposit Rate Specials

Effective Date: September 17, 2018  |  Rates are subject to change

First Rate Specials1

Time Certificates of Deposit2

38 Months Min. Opening Deposit: $10,000

Min. Balance for APY Annual Percentage Yield3 Interest Rate
 $225,000  2.65%  2.62%
 $50,000  2.75%  2.72%
 $10,000  2.55%  2.53%

27 Months Min. Opening Deposit: $10,000

Min. Balance for APY Annual Percentage Yield3 Interest Rate
 $225,000  2.40%  2.38%
 $50,000  2.50%  2.48%
 $10,000  2.30%  2.28%

16 Months Min. Opening Deposit: $10,000

Min. Balance for APY Annual Percentage Yield3 Interest Rate
 $225,000  2.25%  2.23%
 $50,000  2.35%  2.33%
 $10,000  2.15%  2.13%

14 Months (CONSUMER ONLY) Min. Opening Deposit: $10,000 (NEW MONEY)

Min. Balance for APY Annual Percentage Yield3 Interest Rate
 $225,000  2.35%  2.33%
 $50,000  2.35%  2.33%
 $10,000  2.35%  2.33%

10 Months Min. Opening Deposit: $10,000

Min. Balance for APY Annual Percentage Yield3 Interest Rate
 $225,000  2.00%  1.99%
 $50,000  2.10%  2.08%
 $10,000  1.90%  1.89%

 

1 - First Rate Specials will renew at the Traditional Time Certificate of Deposit rates and terms as outlined in account disclosures
2 - A penalty will be imposed for early withdrawal
3 - APY assumes interest will remain on deposit, capitalizing quarterly

News You Need to Know

5 Stars for 4 Years

First Farmers is proud to be named a 5-star bank for 16 consecutive quarters by Bauer Financial, Inc.

Be Defensive!

First Farmers is pleased to co-sponsor a Senior Safe Driving Course with AARP. Space is limited so sign up today!

$500 Credit on Home Loan Closing Costs

For a limited time, eligible home buyers can receive $500 from First Farmers applied to their closing costs!

Listen to Matt Allen's Interview on WIRL's Noon Ag Show

DeLoss Jahnke, host of WIRL radio's The Noon Show, recently visited with our own Matt Allen.

New Regulation Affects Legal Entities Opening New Accounts

Effective May 11, all banks will be required to collect appropriate identifying information and documentation on 'beneficial owners'.

First Farmers Now Offers Apple Pay and Android Pay!

Enter your First Farmers card info into the app for your phone and make payments easily!

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Member FDIC Equal Housing Lender