Christmas Holiday Hours

Farmers Bank will close at noon on Tuesday, Dec. 24th and remain closed all day Wednesday, Dec. 25th in observance of Christmas. Online and Mobile Banking will still be available. Normal hours will resume on Thursday, Dec. 26th.

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Individual Retirement Accounts

Live the Way You Want in Retirement

We offer individual retirement accounts (IRAs) that can help you save for your retirement. Stop into our office to speak with our staff about which IRA option is right for you.

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Retirement Accounts We Offer

Traditional IRA


Account holders, with an earned income, for the entire year are eligible to contribute to the account

Earnings grow tax-deferred

Annual contributions to account may be tax-deductible

Roth IRA


You are eligible to open this account at any age as long as you meet income requirement

Contributions are not tax-deductible

Earnings grow tax-free

No tax or penalties on qualified withdrawals from the account

SEP Account


Low-cost alternative for retirement savings

Self-employed or small business owners are eligible to establish a SEP for themselves and their employees

Contributions and earnings grow tax-deferred until withdrawn

*Consult Your Tax Advisor on tax-related IRA questions

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