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

Farmers and Mechanics Federal is headquartered in Bloomfield and is the 95th largest bank in the state of Indiana. It is also the 4,536th largest bank in the nation. It was established in 1892 and as of December of 2018, it had grown to 12 employees at 2 locations. Farmers and Mechanics Federal's CD rates are 3X the national average, and it 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
Employees12
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.17%
Return on Equity - YTD1.05%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$73.9MM$79.7MM
LoansQ4 2018vs Q4 2017$27.7MM$29.8MM
DepositsQ4 2018vs Q4 2017$61.5MM$67.1MM
Equity CapitalQ4 2018vs Q4 2017$12.3MM$12.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$109.00K$109.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$26.00K$165.00K
Real Estate OwnedQ4 2018vs Q4 2017$85.00K$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
0.50%*$100k*-Statement Savings Account
OTHER TIERS: 0.10% $1 - $1k | 0.15% $1k - $5k | 0.20% $5k - $25k | 0.30% $25k - $100k
0.50%*$100k*-E Account
OTHER TIERS: 0.10% $1 - $1k | 0.15% $1k - $5k | 0.20% $5k - $25k | 0.30% $25k - $100k
0.30%$1-Holiday Club Account
0.20%$10-Passbook Savings Account

Farmers and Mechanics Federal Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Super Now Checking Account
OTHER TIERS: 0.10% $1 - $1k | 0.15% $1k - $5k | 0.20% $5k - $25k | 0.30% $25k - $100k
0.10%$1-Now Checking Account

Farmers and Mechanics Federal CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.69%$5k-10 Year CD Special
2.58%$2.5k-4 Year CD Special
2.52%$500-10 Year CD
2.43%$2.5k-30 Month CD Special
2.28%$10k-12 Month CD Special
1.91%$500-6 Year CD
1.76%$500-4 Year CD
1.31%$500-30 Month CD
1.01%$2.5k-1 Year CD
0.55%$5k-182 Day CD
0.40%$7.5k-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

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