Featured Savings Rates
Featured Accounts

Farmers and Mechanics Federal

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.25%1-year CD1 Year CD
0.05%SavingsPassbook Savings Account
0.75%4-year CD4 Year CD

Overview / Commentary
812-384-4473
225 East Main Street
Bloomfield, IN 47424

Farmers and Mechanics Federal is headquartered in Bloomfield and is the 102nd largest bank in the state of Indiana. It is also the 4,976th largest bank in the nation. It was established in 1892 and as of September of 2016, it had grown to 13 employees at 2 locations. Farmers and Mechanics Federal has a B+ health rating.

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Farmers and Mechanics Federal has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #28478
Year Established1892
Employees13
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.17%
Return on Equity - YTD0.92%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$70.2MM$70.0MM
LoansQ3 2016vs Q3 2015$31.1MM$30.5MM
DepositsQ3 2016vs Q3 2015$57.2MM$57.5MM
Equity CapitalQ3 2016vs Q3 2015$12.9MM$12.4MM
Loan Loss AllowanceQ3 2016vs Q3 2015$108.00K$108.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$25.00K$42.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
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 Mechanics Federal Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Statement Savings Account
OTHER TIERS: 0.01% Up to $1k | 0.05% $1k - $5k | 0.10% $5k - $25k | 0.20% $25k - $100k
0.30%*$100k*-E Account
OTHER TIERS: 0.01% Up to $1k | 0.05% $1k - $5k | 0.10% $5k - $25k | 0.20% $25k - $100k
0.10%--Holiday Club Account
0.05%--Passbook Savings Account

Farmers and Mechanics Federal Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Super Now Checking Account
OTHER TIERS: 0.01% Up to $1k | 0.05% $1k - $5k | 0.10% $5k - $25k | 0.20% $25k - $100k
0.02%--Now Checking Account

Farmers and Mechanics Federal CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%$500-10 Year CD
1.00%$500-6 Year CD
0.75%$500-4 Year CD
0.40%$500-30 Month CD
0.25%$2,500-1 Year CD
0.20%$5k-182 Day CD
0.10%$7,500-91 Day CD

Farmers and Mechanics Federal IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$100-18 Month IRA Certificate Special
Locations


Farmers and Mechanics Federal Locations
Farmers and Mechanics Federal Savings and Loan Ass225 East Main StreetBloomfield, IN 47424
3535 W Third St Branch3535 West Third StreetBloomington, IN 47404