Overview / Commentary
101 North Marshall Avenue
Springfield, MN 56087

F&M Bank (MN) is headquartered in Springfield and is the 146th largest bank in the state of Minnesota. It is also the 3,883rd largest bank in the nation. It was established in 1918 and as of September of 2018, it had grown to 23 employees at 2 locations. F&M Bank (MN)'s money market rates are 82% higher than the national average, and it has an A health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #13382
Year Established1918
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD7.44%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$116.7MM$113.3MM
LoansQ3 2018vs Q3 2017$83.5MM$79.9MM
DepositsQ3 2018vs Q3 2017$97.6MM$93.5MM
Equity CapitalQ3 2018vs Q3 2017$9.7MM$10.2MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.0MM$958.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$0$25.00K
Real Estate OwnedQ3 2018vs Q3 2017$460.00K$460.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not F&M Bank (MN); 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.

F&M Bank (MN) Money Market Rates

0.80%*$1m*-Personal Investment Money Market
OTHER TIERS: 0.25% Up to $2.5k | 0.40% $2.5k - $50k | 0.55% $50k - $100k | 0.70% $100k - $500k | 0.75% $500k - $1m
0.80%*$1m*-Commercial Investment Money Market
OTHER TIERS: 0.25% Up to $10k | 0.40% $10k - $50k | 0.55% $50k - $100k | 0.70% $100k - $500k | 0.75% $500k - $1m

F&M Bank (MN) CD Rates

2.77%$2.5k-39 Month CD Special
2.52%$2.5k-23 Month CD Special
2.21%$2.5k-15 Month CD Special

F&M Bank (MN) IRA Rates

3.02%$2.5k-20 Month IRA Special

F&M Bank (MN) Locations
Farmers and Merchants State Bank Of Springfield101 North Marshall AvenueSpringfield, MN 56087
Morgan Branch101 Vernon AvenueMorgan, MN 56266

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.