Farmers and Merchants Bank (16810)


Overview / Commentary
402-761-7600
617 First Street
Milford, NE 68405

Farmers and Merchants Bank (16810) is headquartered in MILFORD and is the 24th largest bank in the state of Nebraska. It is also the 1,173rd largest bank in the nation. It was established in 1949 and as of March of 2023, it had grown to 65 employees at 12 locations. Farmers and Merchants Bank (16810)'s money market rates are 14% higher than the national average, and it has a B health rating.

Reviews (1)

Must Open In Branch, No Out Of State Cds

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Must open in branch, no out of state cds



Health

Health Grade Components

Overall
FDIC Certificate #16810
Year Established1949
Employees65
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD16.95%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$821.1MM$907.8MM
LoansQ1 2023vs Q1 2022$234.0MM$240.3MM
DepositsQ1 2023vs Q1 2022$660.9MM$754.3MM
Equity CapitalQ1 2023vs Q1 2022$60.6MM$77.2MM
Loan Loss AllowanceQ1 2023vs Q1 2022$1.1MM$1.4MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$135.00K$107.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Farmers and Merchants Bank (16810); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Farmers and Merchants Bank (16810) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Variable Rate IRA
0.30%*$10k*-Passbook Savings Accounts
OTHER TIERS: 0.10% Up to $5k | 0.20% $5k - $10k
0.30%*$10k*-Youth Passbook Savings Accounts
OTHER TIERS: 0.10% Up to $5k | 0.20% $5k - $10k
0.10%--Health Savings Accounts

Farmers and Merchants Bank (16810) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$75k*-Money Market Account
OTHER TIERS: 0.10% Up to $10k | 0.30% $10k - $25k | 0.40% $25k - $75k

Farmers and Merchants Bank (16810) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*-$25kSmart Checking
OTHER TIERS: 0.05% $25k+
0.75%*$100k*-Prime Fund
OTHER TIERS: 0.10% Up to $25k | 0.50% $25k - $100k
0.10%$1k-Business Advantage Plus
0.10%--SmartEveryday Checking
0.10%--Smart55 Checking

Farmers and Merchants Bank (16810) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.06%*$75k*-13 Month Time Certificate Special
OTHER TIERS: 3.03% $5k - $25k | 3.55% $25k - $75k
4.06%*$75k*-Minors 13 Month Time Certificate Special
OTHER TIERS: 3.03% $500 - $25k | 3.55% $25k - $75k
4.06%*$75k*-NPO 13 Month Time Certificate Special
OTHER TIERS: 3.03% $500 - $25k | 3.55% $25k - $75k
1.76%*$30k*-36 Month Time CD
OTHER TIERS: 1.51% $1.5k - $10k | 1.61% $10k - $30k
1.76%*$30k*-NPOs 36 Month Time CD
OTHER TIERS: 1.51% $500 - $10k | 1.61% $10k - $30k
1.76%*$30k*-Minors 36 Month Time CD
OTHER TIERS: 1.51% $500 - $10k | 1.61% $10k - $30k
1.51%*$30k*-30 Month Time CD
OTHER TIERS: 1.15% $1.5k - $10k | 1.26% $10k - $30k
1.51%*$30k*-NPOs 30 Month Time CD
OTHER TIERS: 1.15% $500 - $10k | 1.26% $10k - $30k
1.51%*$30k*-Minors 30 Month Time CD
OTHER TIERS: 1.15% $500 - $10k | 1.26% $10k - $30k
1.41%*$30k*-24 Month Time CD
OTHER TIERS: 1.21% $1.5k - $10k | 1.31% $10k - $30k
1.41%*$30k*-NPOs 24 Month Time CD
OTHER TIERS: 1.21% $500 - $10k | 1.31% $10k - $30k
1.41%*$30k*-Minors 24 Month Time CD
OTHER TIERS: 1.21% $500 - $10k | 1.31% $10k - $30k
1.31%*$30k*-18 Month Time CD
OTHER TIERS: 1.10% $1.5k - $10k | 1.21% $10k - $30k
1.31%*$30k*-NPOs 18 Month Time CD
OTHER TIERS: 1.10% $500 - $10k | 1.21% $10k - $30k
1.31%*$30k*-Minors 18 Month Time CD
OTHER TIERS: 1.10% $500 - $10k | 1.21% $10k - $30k
0.85%*$30k*-12 Month Time CD
OTHER TIERS: 0.75% $1.5k - $10k | 0.80% $10k - $30k
0.85%*$30k*-NPOs 12 Month Time CD
OTHER TIERS: 0.75% $500 - $10k | 0.80% $10k - $30k
0.85%*$30k*-Minors 12 Month Time CD
OTHER TIERS: 0.75% $500 - $10k | 0.80% $10k - $30k
0.50%*$30k*-6 Month Time CD
OTHER TIERS: 0.30% $1.5k - $10k | 0.40% $10k - $30k
0.50%*$30k*-NPOs 6 Month Time CD
OTHER TIERS: 0.30% $500 - $10k | 0.40% $10k - $30k
0.50%*$30k*-Minors 6 Month Time CD
OTHER TIERS: 0.30% $500 - $10k | 0.40% $10k - $30k
0.30%*$30k*-3 Month Time CD
OTHER TIERS: 0.10% $1.5k - $10k | 0.20% $10k - $30k
0.30%*$30k*-NPOs 3 Month Time CD
OTHER TIERS: 0.10% $500 - $10k | 0.20% $10k - $30k
0.30%*$30k*-Minors 3 Month Time CD
OTHER TIERS: 0.10% $500 - $10k | 0.20% $10k - $30k

Farmers and Merchants Bank (16810) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.06%*$75k*-13 Month Fixed Rate IRA Special
OTHER TIERS: 3.03% $5k - $25k | 3.55% $25k - $75k
1.76%*$30k*-36 Month Fixed Rate IRA
OTHER TIERS: 1.51% $1.5k - $10k | 1.61% $10k - $30k
1.51%*$30k*-30 Month Fixed Rate IRA
OTHER TIERS: 1.15% $1.5k - $10k | 1.26% $10k - $30k
1.41%*$30k*-24 Month Fixed Rate IRA
OTHER TIERS: 1.21% $1.5k - $10k | 1.31% $10k - $30k
1.31%*$30k*-18 Month Fixed Rate IRA
OTHER TIERS: 1.10% $1.5k - $10k | 1.21% $10k - $30k
0.85%*$30k*-12 Month Fixed Rate IRA
OTHER TIERS: 0.75% $1.5k - $10k | 0.80% $10k - $30k
0.50%*$30k*-6 Month Fixed Rate IRA
OTHER TIERS: 0.30% $1.5k - $10k | 0.40% $10k - $30k
0.30%*$30k*-3 Month Fixed Rate IRA
OTHER TIERS: 0.10% $1.5k - $10k | 0.20% $10k - $30k
Locations

Availability



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