| Money Market Account
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Farm Bureau Bank Money Market Saving Account Money Market Account

A Money Market Account from Farm Bureau Bank offers the liquidity you need with the higher interest rate you want. More robust than a traditional checking account, it's just as easy to use.

Money Market Account Overview

  • Limited to 6 withdrawals per statement cycle
  • Tiered interest that rewards higher balances
  • Free E-Option   
  • Free Direct Deposit and free transfers
  • Free ATM access – certain restrictions apply**
  • Free Checks
Minimum Initial Deposit $100
MMSA with E-Option
  • Paperless
  • May earn a higher interest rate for each account you enroll.
  • 24-hour Internet access to Online statements, Online Bill Pay and Online Funds Transfer
Monthly Service Fees None. There are no fees on this product for normal use or to open or maintain the account.
Minimum Daily Balance None

** The initial five (5) ATM transaction fees, with a maximum total of $15, are reimbursed each month. Transactions made outside the U.S. do not qualify for ATM fee reimbursement.

Money Market Account Rates

Balance Interest Rate Annual Percentage Yield*
less than $2,500
   with E-Option   
$2,500 - $24,999
   with E-Option   
$25,000 - $49,999
   with E-Option   
$50,000 and up
   with E-Option   
Minimum Initial Deposit $100

*Annual Percentage Yield. Interest Rates and Yields shown are effective as of 10/06/2017. Farm Bureau Bank deposit accounts are FDIC-insured up to $250,000 per depositor. Fees could reduce earnings on the account. Interest rates and corresponding APYs may change at the bank’s discretion.

Minimum initial deposit for Money Market Accounts is $100. Federal guidelines restrict withdrawals from Money Market Accounts. Excess withdrawals incur a $5 transaction fee.

Money Market Account – Additional Information

E-Option for your Money Market Account gives you the convenience of viewing your monthly statements online without the hassle of sorting through paper statements in the mail. In addition, you may earn a higher interest rate for each account you enroll.

Visa® Debit Card
Your Money Market Account comes equipped with a free debit card that can be used to withdraw funds from more than 300,000 ATM machines worldwide.

Online Shopping Protection
Your Visa Debit card will have an extra layer of security when you shop online. You're automatically protected, there is no need to enroll for this. This free* security feature confirms your identity with a one-time passcode during an online transaction, following the detection of suspicious activity. The one-time passcode will be sent to you via SMS text message, if we have a mobile phone number on file. Learn More

Checks are free with a Farm Bureau Bank Money Market Account.

Our competitive rates allow you to earn interest tiered to reward higher balances.


* Text messages to your mobile device are free, but all other fees on texts are subject to the terms of your voice/data plan with your mobile carrier.

Money Market Account - Terms & Conditions

Rate Information - The interest rates and annual percentage yields for all Farm Bureau deposit accounts are determined at the discretion of the Bank. The interest rates and annual percentage yields may change at any time. The interest rate for your account will be based on the following daily balance tiers:

Money Market Account

  • < $2,500
  • $2,500 - $24,999
  • $25,000 - $ 49,999
  • > $50,000

E-Option - Go paperless. Choose the free E-option to conveniently view statements online. In addition, you may earn a higher interest rate for each account you enroll. If you select the E-option, you will not receive monthly statements via mail unless the Bank is required by applicable law to provide such statements. Transaction history will be made available through the Internet at

Crediting Frequency Interest will be credited monthly.
Compounding Frequency Interest will be compounded daily.
Daily Balance Computation Method Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Minimum Balance to Open The minimum balance to open a Money Market account is $100.00.
Accrual of Interest on Noncash Deposits Interest will begin to accrue on the business day you deposit noncash items (e.g., checks) into your account.
Effects of Closing an Account If you close a transaction account within 90 days from the original account opening date, a fee will be assessed. If you close your account by check before interest is paid, you will not receive the accrued interest.
Transaction Limitations Federal law limits 6 withdrawals per statement cycle. For transactions exceeding federal requirements, see Account Fees.


Money Market Account – Fee Schedule

Replace lost ATM/Debit card $5.00
Check printing Fee depends on style of check ordered
Nonsufficient funds items (each) including withdrawals made by check, in person, ATM, or other Electronic means, regardless of whether the item is paid or not $30.00
Stop Payment – all items $25
Deposited checks returned unpaid:  
Accountholder’s check from another financial institution $20.00
Third party check $5.00
Outgoing wire transfer $20.00
Account research $15.00 per hour, ½ hour minimum
Copy of statement, special statement, or account activity printout $5.00
Copy of check (per check) $1.00
Account closed within 90 days $25.00
Excessive withdrawals from Money Market Account $5.00 per item
Cashier’s Check $5.00 each
* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Farm Bureau, FB, and the FB National Logo are registered service marks owned by, and used by Farm Bureau Bank FSB under license from, the American Farm Bureau Federation. Farm Bureau Bank FSB is a service-to-member institution which provides banking services to Farm Bureau members and others in participating states. Services are not available in the following states: IL, KS, MI, MO, NY, OH, and WY.