Save up to $4,168 with a Farmers & Merchants Bancshares Boat loan1
Farmers & Merchants Bancshares's rate for a
$50,000 Boat loan beats the Sykesville, MD average
by up to
30%
and is eligible for a Datatrac Great Rate Award and saving you as much as $4,168 over the life of the loan.
Select Type
Farmers & Merchants Bancshares - New Boat-60 Mo
6.75% APR2
Sykesville, MD Market Average - New Boat-60 Mo
9.65% APR2
About Datatrac
Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 338,147 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products. www.datatrac.net
- $4,168 is the difference between the amount paid in interest between Farmers & Merchants Bancshares's rate at 6.75% APR compared to 9.65% APR for the Sykesville, MD market average over the life of a $50,000 Boat loan over 60 months.
- APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each
business day and is conducted independent of any financial institution. There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Farmers & Merchants Bancshares directly with any questions regarding their current rates and terms.
©2026 Datatrac Corporation. All Rights reserved.
