Overview / Commentary
221 Jefferson Street
Burlington, IA 52601

Farmers & Merchants Bank & Trust (IA) is headquartered in Burlington and is the 122nd largest bank in the state of Iowa. It is also the 3,014th largest bank in the nation. It was established in 1916 and as of December of 2018, it had grown to 63 employees at 4 locations. Farmers & Merchants Bank & Trust (IA) has a B health rating.


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Health Grade Components

FDIC Certificate #13737
Year Established1916
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.19%
Return on Equity - YTD2.05%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$187.9MM$190.8MM
LoansQ4 2018vs Q4 2017$131.9MM$128.3MM
DepositsQ4 2018vs Q4 2017$162.8MM$166.1MM
Equity CapitalQ4 2018vs Q4 2017$17.1MM$17.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.3MM$1.4MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$2.3MM$1.8MM
Real Estate OwnedQ4 2018vs Q4 2017$0$1.0MM
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Always verify rates and promotions with the bank or credit union. We are not Farmers & Merchants Bank & Trust (IA); 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 & Trust (IA) Savings Account Rates

0.40%$50-Dream Big Savings Account
0.10%$100-Regular Savings Account
0.10%$500$25kIRA Variable Savings
0.10%$100-Business Regular Savings

Farmers & Merchants Bank & Trust (IA) Money Market Rates

0.20%*$75k*-Prime Plus Insured Money Market
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k | 0.15% $50k - $75k

Farmers & Merchants Bank & Trust (IA) Checking Account Rates

0.02%*$2.5k*-Superior Checking Account
OTHER TIERS: 0.01% $1.5k - $2.5k
0.01%$100-Distinctive Checking Account
0.01%$100-Quality Checking Account

Farmers & Merchants Bank & Trust (IA) CD Rates

2.56%$500$100k39 Month Time CD Special
2.45%$500$100k17 Month Time CD Special
2.27%$500-11 Month CD Special
0.62%$500$100k5 Year Time CD
0.50%$500$100k4 Year Time CD
0.37%$500$100k36 month Time CD
0.32%$500$100k30 Month Time CD
0.28%$500$100k24 Month Time CD
0.25%$500$100k18 Month Time CD
0.21%$500$100k12 Month Time CD
0.20%$500$100k9 Month Time CD
0.19%$500$100k6 Month Time CD
0.14%$500$100k3 Month Time CD

Farmers & Merchants Bank & Trust (IA) IRA Rates

2.56%$500$100k39 Month Time IRA Special
2.45%$500$100k17 Month Time IRA Special
2.27%$500-11 Month IRA Special
0.62%$500$100k5 Year Time IRA
0.50%$500$100k4 Year Time IRA
0.37%$500$100k36 month Time IRA
0.32%$500$100k30 Month Time IRA
0.28%$500$25k24 Month Time IRA
0.25%$500$100k18 Month Time IRA
0.21%$500$100k12 Month Time IRA
0.20%$500$100k9 Month Time IRA
0.19%$500$100k6 Month Time IRA
0.14%$500$100k3 Month Time IRA

Farmers & Merchants Bank & Trust (IA) Locations
West Burlington Branch101 Broadway StreetWest Burlington, IA 52655
Farmers & Merchants Bank & Trust221 Jefferson StreetBurlington, IA 52601
Drive-In Branch109 West Mt. Pleasant StreetW. Burlington, IA 52655
Parking Lot BranchFourth and Valley StreetsBurlington, IA 52601

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