Mechanics and Farmers Bank (M&F Bank) is an independent bank committed to meeting the financial services needs of the communities they serve. Their motivated and dedicated employees will provide quality service to all customers, promoting personal and community development while continuing its tradition of serving those who historically have been underserved
Overall | |
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FDIC Certificate # | 12266 |
Year Established | 1908 |
Employees | 79 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.96% |
Return on Equity - YTD | 8.49% |
Annual Interest Income | $6.5MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $451.4MM$358.4MM |
Loans | Q2 2022vs Q2 2021 | $222.5MM$221.4MM |
Deposits | Q2 2022vs Q2 2021 | $394.0MM$312.7MM |
Equity Capital | Q2 2022vs Q2 2021 | $52.8MM$40.7MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.3MM$2.4MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $938.00K$833.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Mechanics and Farmers Bank; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | - | $10k | Dash Checking | ||
OTHER TIERS: 0.55% → $10k+ |
Mechanics and Farmers Bank Locations | ||
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100 South Murrow Boulevard Branch | 100 South Murrow Boulevard | Greensboro, NC 27401 |
Charlotte Branch | 101 Beatties Ford Road | Charlotte, NC 28216 |
Mechanics & Farmers Bank | 116 W Parrish St | Durham, NC 27701 |
Raleigh Branch | 13 East Hargett Street | Raleigh, NC 27601 |
Rock Quarry Road Branch | 1824 Rock Quarry Road | Raleigh, NC 27610 |
Chapel Hill Blvd Branch | 2705 Chapel Hill Blvd | Durham, NC 27707 |
Winston-Salem Branch | 770 M.l. King Blvd. | Winston Salem, NC 27101 |