Farmers and Merchants Bank
LOCATIONS
4
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HEALTH RATING
A
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CURRENT TOP RATE
0.87% APY
5 Year CD
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.87% | 5-year CD | 5 Year CD 1.85% - Synchrony Bank 60 Month CD |
| 0.30% | 1-year CD | 1 Year CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.12% | Savings | Savings Account 1.00% - Ally Bank Online Savings Account |
Overview / Commentary
Farmers and Merchants Bank is headquartered in Piedmont and is the 63rd largest bank in the state of Alabama. It is also the 3,072nd largest bank in the nation. It was established in 1915 and as of June of 2016, it had grown to 48 employees at 4 locations. Farmers and Merchants Bank has an A health rating.
Related Posts
Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1735 |
| Year Established | 1915 |
| Employees | 48 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 5.65% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $192.2MM$191.7MM |
| Loans | Q2 2016vs Q2 2015 | $98.5MM$94.7MM |
| Deposits | Q2 2016vs Q2 2015 | $160.6MM$157.1MM |
| Equity Capital | Q2 2016vs Q2 2015 | $27.7MM$25.8MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.2MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $873.00K$478.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $623.00K$609.00K |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Farmers and Merchants Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.12% | $100 | - | Savings Account |
Farmers and Merchants Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.17%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.02% → $1k - $25k | 0.12% → $25k - $50k | |||||
| 0.17%* | $50k* | - | Wall Street MM | ||
| OTHER TIERS: 0.12% → Up to $50k | |||||
Farmers and Merchants Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.17%* | $10k* | - | Prime Investment Checking | ||
| OTHER TIERS: 0.02% → $1,500 - $10k | |||||
| 0.07% | $1,500 | - | NOW Account | ||
Farmers and Merchants Bank CD Rates
Locations
| Farmers and Merchants Bank Locations | ||
|---|---|---|
| Farmers and Merchants Bank | 112 East Ladiga Street | Piedmont, AL 36272 |
| Jacksonville Branch | 1130 South Pelham Road | Jacksonville, AL 36265 |
| Anniston Branch | 1429 Quintard Avenue | Anniston, AL 36201 |
| Oxford Branch | 35 Ali Way | Oxford, AL 36203 |