The Farmers And Merchants Bank is a bank based in Boswell, Indiana, established in 1903, with $216 million in total assets across 4 branches. By Trust Grade it ranks 66th of 89 banks we track in Indiana. Its capital ratio of 8.2% trails most similarly sized banks (18th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 0.75% return on assets. No consumer complaints against The Farmers And Merchants Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Farmers And Merchants Bank compares to Indiana peers
How we graded The Farmers And Merchants Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.2% capital ratio)
- Profitable (ROA 0.75%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Farmers And Merchants Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 302 S Old Us Highway 41, Boswell, IN 47921
- 406 N Maddox Road, Otterbein, IN 47970
- 275 Sagamore Pkwy W, West Lafayette, IN 47906
- 868 State Road 28 E, Williamsport, IN 47993
Are deposits at The Farmers And Merchants Bank insured?
Yes. The Farmers And Merchants Bank is an FDIC-insured bank (FDIC certificate #1843). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Farmers And Merchants Bank: frequently asked questions
Is The Farmers And Merchants Bank a good bank?
The Farmers And Merchants Bank earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (8.2% capital ratio); Profitable (ROA 0.75%).
Is The Farmers And Merchants Bank FDIC-insured?
Yes. The Farmers And Merchants Bank is a FDIC-insured bank (FDIC certificate #1843). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Farmers And Merchants Bank?
The Farmers And Merchants Bank holds $216 million in total assets, ranking 66th of 89 banks we track in Indiana. It operates 4 branches.
Does The Farmers And Merchants Bank have CFPB complaints?
No CFPB complaints against The Farmers And Merchants Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
