Rural Bank also offers different interest rates for Rural Bank ONE Farm Management Deposits.
Interest Rates
| Fixed Rate Farm Management Deposit Interest Rates | ||||
| $5,000 - $49,999 | $50,000 - $400,000 | |||
| 12 month | 24 month | 12 month | 24 month | |
| Interest paid annually | 4.25% | 4.25% | 4.25% | 4.25% |
| Interest paid quarterly | 4.10% | 4.10% | 4.10% | 4.10% |
| Interest paid monthly | 4.05% | 4.05% | 4.05% | 4.05% |
Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $5,000. Maximum aggregate balance is $400,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.
| Short Term Fixed Rate Farm Management Deposit Interest Rates | ||||
| $5,000 - $49,999 | $50,000 - $400,000 | |||
| 3 month | 6 month | 3 month | 6 month | |
| Interest at maturity | 4.25% | 4.15% | 4.25% | 4.15% |
Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited at maturity. Minimum deposit $5,000. Maximum aggregate balance is $400,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.
| Variable Rate Farm Management Deposit | ||
| $1,000 - $49,999 | $50,000 - $400,000 | |
| Interest paid annually | 2.00% | 2.50% |
Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid and credited as specified. Minimum deposit $1,000. Maximum aggregate balance is $400,000 for all FMDs. Other eligibility criteria apply
To view interest rates for all our deposit products, visit our interest rates page.
Fees and Charges
For all Rural Bank fees and charges, download the Schedule of fees and charges document.
