Farmers & Merchants Bank (CA)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.21% | 5-year CD | 60 Month Market Rate CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.20% | 1-year CD | 12-23 Month Market Rate CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.05% | Savings | Market Rate Savings Account 1.20% - Ally Bank Online Savings Account |
Farmers & Merchants Bank (CA) is headquartered in Long Beach and is the 17th largest bank in the state of California. It is also the 170th largest bank in the nation. It was established in 1907 and as of June of 2017, it had grown to 745 employees at 24 locations. Farmers & Merchants Bank (CA) has an A+ health rating.
Farmers and Merchants Bank
Farmers and Merchants bank is a bank that provides outstanding customer service. They have been doing business all across California for more than 100 years. They have 23 branches across Southern California to help you with all your banking needs. They offer very competitive CD's, with a yield of 1.46. They offer both individual as well as business accounts. I have a checking account with them fir the last 10 years. Every time I go in to the bank the staff is incredibly nice and helpful. It is nice to know that they give you the convenience of online services and yet if you need to go to the bank the staff is always helpful. It reminds me of how the banks used to be. They are very focused on the customer.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1225 |
| Year Established | 1907 |
| Employees | 745 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 7.9% |
| Annual Interest Income | $116.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $6.91B$6.34B |
| Loans | Q2 2017vs Q2 2016 | $3.65B$3.44B |
| Deposits | Q2 2017vs Q2 2016 | $5.33B$4.85B |
| Equity Capital | Q2 2017vs Q2 2016 | $941.3MM$885.8MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $56.7MM$56.9MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $13.7MM$5.5MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$791.00K |
Always verify rates and promotions with the bank or credit union. We are not Farmers & Merchants Bank (CA); 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 & Merchants Bank (CA) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10% | $100 | - | Health Savings Account | ||
| 0.10% | - | - | Christmas Club Account | ||
| 0.05%* | $10k* | - | Market Rate Savings Account | ||
| OTHER TIERS: 0.01% → $100 - $10k | |||||
| 0.05% | - | - | Youth Savings | ||
Farmers & Merchants Bank (CA) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $10k* | - | Market Rate Money Market Account | ||
| OTHER TIERS: 0.05% → $100 - $10k | |||||
Farmers & Merchants Bank (CA) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $10k* | - | Platinum Checking | ||
| OTHER TIERS: 0.10% → Up to $10k | |||||
| 0.10% | $100 | - | Gold Checking | ||
| 0.05% | $100 | - | Interest on Checking Account | ||
| 0.05% | $200 | - | Business Interest on Checking Account | ||
Farmers & Merchants Bank (CA) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.21% | $1k | - | 60 Month Market Rate CD | |
| 0.90% | $1k | - | 48 Month Market Rate CD | |
| 0.40% | $1k | - | 36-47 Month Market Rate CD | |
| 0.30% | $1k | - | 24-35 Month Market Rate CD | |
| 0.20% | $1k | - | 12-23 Month Market Rate CD | |
| 0.10% | $1k | - | 182 Day Market Rate CD | |
| 0.05% | $1k | - | 7-31 Day Market Rate CD | |
| 0.05% | $1k | - | 91 Day Market Rate CD |
Farmers & Merchants Bank (CA) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.21% | - | - | 60 Month Market Rate IRA | |
| 0.95% | - | - | 48 Month Market Rate IRA | |
| 0.65% | $500 | - | 36 Month Market Rate IRA | |
| 0.50% | $500 | - | 24 Month Market Rate IRA | |
| 0.40% | $500 | - | 18 Month Market Rate IRA | |
| 0.30% | $500 | - | 12 Month Market Rate IRA | |
| 0.20% | $500 | - | 6 Month Market Rate IRA |
