Farmers & Merchants Bank

Farmers & Merchants Bank ACH Number: 53103640

Farmers & Merchants Bank is an FDIC insured institution headquartered at 138 N Salisbury Gq Ave, Granite Quarry, NC 28146.
It was founded in 1909 and has approximately $1 billion in assets. Customers can open an account at one of its 11 branches.

Deposit Rates - November 01, 2025

SAVINGS RATES	APY	MIN
Savings	0.05%	$2,500	Compare

CD RATES	APY	MIN
6 Mo CD	0.10%	$10,000	Compare
6 Mo CD	0.10%	$100,000	Compare
12 Mo CD	0.20%	$10,000	Compare
12 Mo CD	0.20%	$100,000	Compare
18 Mo CD	0.25%	$10,000	Compare
18 Mo CD	0.25%	$100,000	Compare
24 Mo CD	0.30%	$10,000	Compare
24 Mo CD	0.30%	$100,000	Compare
30 Mo CD	0.30%	$10,000	Compare
30 Mo CD	0.30%	$100,000	Compare
48 Mo CD	0.50%	$10,000	Compare
48 Mo CD	0.50%	$100,000	Compare

MM RATES	APY	MIN
Money Market	0.05%	$2,500	Compare
Money Market	0.05%	$10,000	Compare
Money Market	0.10%	$25,000	Compare

INT CHECKING RATES	APY	MIN
Int Ckg	0.01%	$1
Int Ckg	0.01%	$2,500

Featured Home Equity Rates

Lender APR(%) Min.Initial
Draw Amount Learn More
Sponsored

Advertiser Disclosure

Figure Home Equity
NMLS ID: 1717824 / Updated 2025-09-22

Intro APR: 6.950 %
After Intro:6.950 %

$15,000

Flexible terms, borrow $15K-$750K, redraw up to 100%
Use to consolidate debt or finance your next home project
100% digital app & automated valuation
Largest non-bank HELOC lender in the US

Third Federal Savings and Loan
NMLS ID: 449401 / Updated 2025-10-31
Equal Housing Lender

Intro APR: 6.990 %
After Intro:6.990 %

Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period

Four Leaf Federal Credit Union
NMLS ID: 449104 / Updated 2025-10-31

Intro APR: 5.990 %
After Intro:7.250 %
Intro Period: 12 months

$25,000

Tap into your home's equity & access the funds you need with a HELOC
Apply online or speak with a specialist
No application, origination & appraisal fees on lines up to $500K[3]
On average, access funds within 35 days[5]

PenFed Credit Union
NMLS ID: 401822 / Updated 2025-11-01
Equal Housing Lender

Home Equity Line of Credit - Equal Housing Lender

Home Equity Line of Credit - Equal Housing Lender
Loans Amounts from $25,000 - $500,000
Get a HELOC from PenFed to Put Your Home Equity to Work
HELOCs Can Offer Lower Rates Than Credit Cards or Personal Loans

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.

Featured 30-Year Fixed Mortgage Rates

Lender APR(%) Monthly Payment Learn More
Sponsored

Advertiser Disclosure

Pentagon Federal Credit Union
NMLS ID: 401822

0.000%

$0 Fees & Points $0 Total
0.000 Pts ($0)
$0 Fees

Fixed rate is locked-in for the life of the loan
PenFed makes home ownership affordable. Federally insured by NCUA
Military service is not required for membership. Equal Housing Lender

Reliant Home Funding, Inc.
NMLS ID: 292473

5.769%

$1,843 Fees & Points $5,083 Total
0.965 Pts ($3,088)
$1,995 Fees

Relationships Rule: Transactions end, Relationships remain
Accountability is Personal: Reflection before Projection
Service through Knowledge: Great service means great understanding

Rocket Mortgage
NMLS ID: 3030

Fees & Points Total
Pts ($0)
$0 Fees

Turn home equity you've earned into cash
Single, convenient monthly payments
Reduce interest with shorter loan terms

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.

Overview 2025

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 2036
Date Established	1909
Assets	$ 931.06 million
Loans	$ 519.18 million
Deposits	$ 790.41 million
Capital	$ 132.98 million

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions	$ 120.45 million
Interest-bearing balances	$ 106.50 million
Total securities	$ 248.56 million
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 519.18 million
Loan loss allowance	$ 10.49 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 1.25 million
Goodwill and other intangibles	$ 0.35 million
All other assets	$ 20.09 million
Total Assets	$ 798.08 million

LIABILITIES
Total deposits	$ 790.41 million
Interest-bearing deposits	$ 520.74 million
Deposits held in domestic offices	$ 790.41 million
% insured (estimated)"	74.88%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	N.A.
Subordinated debt	N.A.
All other liabilities	$ 6.39 millionn
Total Liabilities	$ 798.08 million
Shareholders’ Equity	$ 132.98 million

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income	$ 25.46 million
Total Interest Expense	$ 2.98 million
Net interest income	$ 22.48 million
Provision for loan and lease losses	N.A.
Total non interest income	$ 4.43 million
Total non interest expense	$ 14.10 million
Pre-tax Net Operating Income	$ 6.26 million

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