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Kentucky Farmers Bank
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Deposit Rates


DEPOSIT RATES
Account Minimum Opening Deposit Interest Rate APY Compounds
Interest Checking

$1,000

0.20

0.20

Monthly

Interest Checking > $10,0001

$1,000

0.25

0.25

Monthly

Money Market

$1,000

0.20

0.20

Monthly

Money Market Plus Personal
< $25,000

$1,000

0.20

0.20

Monthly

Money Market Plus Personal*
$25,000 - $99,999.99

$25,000

1.0

1.0

Monthly

Money Market Plus Personal*
$100,000 and above

$100,000

1.25

1.26

Monthly

Savings

$50

0.50

0.50

Quarterly

Student Savings

$5

0.50

0.50

Quarterly

IRA Variable Savings

--

0.50

0.50

Quarterly

IRA CD

--

-- -- --
Business Plus Interest

$1,000

0.20 0.20 Monthly
Business Analysis

$100

0.20 0.20 Monthly
Money Market Plus Business
< $25,000

$1,000

0.20 0.20 Monthly
Money Market Plus Business
$25,000 - $99,999.99

$25,000

1.0 1.0 Monthly
Money Market Plus Business
$100,000 and above

$100,000

1.25 1.26 Monthly

Savings Bonds Click for savings bond redemption rates.

1Minimum balance to obtain stated APY is $10,000.

*A service charge of $10.00 will be imposed every month if the daily balance on any day of the month falls below $25,000.

Above rates apply to customers who qualify.

APYs (Annual Percentage Yields) are accurate as of 11/17/2022. Rates subject to change. Fees could reduce earnings on an account. For Traditional CDs, a penalty may be imposed for early withdrawal.