Farmers and Merchants Bank (AL)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.fmlafayette.com

334-864-9941

2 1st St Ne
Lafayette, AL 36862

Farmers and Merchants Bank (AL) is headquartered in LAFAYETTE and is the 51^st largest bank in the state of Alabama. It is also the 2,578^th largest bank in the nation. It was established in 1934 and as of March of 2025, it had grown to 37 employees at 3 locations. Farmers and Merchants Bank (AL) has a B+ health rating.

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	13887
Year Established	1934
Employees	37
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.92%
Return on Equity - YTD	16.92%
Annual Interest Income	$3.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$283.7MM$272.6MM
Loans	Q1 2025vs Q1 2024	$115.1MM$105.5MM
Deposits	Q1 2025vs Q1 2024	$258.9MM$250.7MM
Equity Capital	Q1 2025vs Q1 2024	$16.5MM$13.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.3MM$979K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$979K$1.2MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Farmers and Merchants Bank (AL).

Locations

Farmers and Merchants Bank (AL) Locations
Farmers and Merchants Bank	2 1st St Ne	Lafayette, AL 36862
Cusseta Roads Branch	2838 Phillips Road South	Lanett, AL 36863
Dadeville Branch	216 S. Broadnax Street	Dadeville, AL 36853

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