Mechanics and Farmers Bank

Overview / Commentary

www.mfbonline.com

919-687-7811

2634 Durham Chapel Hill Boulevard
Durham, NC 27702

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

Reviews

Write a Review

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

Health

A+

Data as of Q1 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	12266
Year Established	1908
Employees	75
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.94%
Return on Equity - YTD	8.51%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q1 2022vs Q1 2021	$370.1MM$343.4MM
Loans	Q1 2022vs Q1 2021	$226.2MM$183.2MM
Deposits	Q1 2022vs Q1 2021	$325.9MM$298.7MM
Equity Capital	Q1 2022vs Q1 2021	$39.2MM$39.7MM
Loan Loss Allowance	Q1 2022vs Q1 2021	$2.2MM$2.6MM
Unbacked Noncurrent Loans	Q1 2022vs Q1 2021	$963.00K$856.00K
Real Estate Owned	Q1 2022vs Q1 2021	$0$0

Rates

Skip to rates for:

Checking

Report an Issue

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.

Mechanics and Farmers Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.05%^*	-	$10k	Dash Checking
OTHER TIERS: 0.25% → $10k+

Locations

Mechanics and Farmers Bank Locations
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 West Parrish Street	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

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.