The Farmers and Merchants Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.fmbank.org

765-869-5513

302 South Old Us Highway 41
Boswell, IN 47921

The Farmers and Merchants Bank is headquartered in BOSWELL and is the 72^nd largest bank in the state of Indiana. It is also the 2,979^th largest bank in the nation. It was established in 1903 and as of March of 2025, it had grown to 29 employees at 4 locations. The Farmers and Merchants Bank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	1843
Year Established	1903
Employees	29
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.38%
Return on Equity - YTD	5.26%
Annual Interest Income	$2.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$210.5MM$196.3MM
Loans	Q1 2025vs Q1 2024	$128.5MM$116.4MM
Deposits	Q1 2025vs Q1 2024	$192.7MM$177.7MM
Equity Capital	Q1 2025vs Q1 2024	$15.4MM$14MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.5MM$1.5MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$0$0
Real Estate Owned	Q1 2025vs Q1 2024	$564K$564K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for The Farmers and Merchants Bank.

Locations

The Farmers and Merchants Bank Locations
West Lafayette In Branch	275 Sagamore Parkway W	West Lafayette, IN 47906
Otterbein Branch	U.S. 52 and Maddox Road	Otterbein, IN 47970
The Farmers and Merchants Bank	302 S Old Us Highway 41	Boswell, IN 47921
Lafayette Branch	2 N 4th Street	Lafayette, IN 47901
Williamsport Branch	868 State Road 28 E	Williamsport, IN 47993

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