It used to be that convenient banking was a drive through lane or an ATM. Then the advent of digital and online services changed banking dramatically. But even with time saving technology and 24-hour accessibility, Farmers and Merchants Bank believes personal relationships are just as important today as they were in the days of teller […]
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Managing money is one of the most significant life lessons parents can teach their children. Instilling the value of budgeting, saving, and spending wisely sets your child up for future success in handling their finances. Let’s look at some ways to introduce good money habits to children. Basic Banking Opening a child’s first bank account […]
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It’s 4-H season with county fairs wrapping up or getting underway around the state. Now is a great time to recognize just a few of the valuable benefits of this outstanding 120-year-old organization. Youth Development First and foremost, 4-H is America’s largest youth development organization with an estimated 6 million members. It’s built to cultivate […]
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As interest rates remain near record lows, the popular refrain is that “it’s time to refinance.” But is it the right decision for you? Let’s look at some of the benefits of refinancing right now. Lower Interest Rate Paying less in interest is always the goal when borrowing money. So the first thing to look […]
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Home equity is often a homeowner’s most valuable asset. The difference between your mortgage balance and the appraised value of one’s home offers potential access to funds. A portion of a home’s equity can be used to borrow money as a line of credit or home equity loan providing the homeowner an opportunity to fund […]
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Getting a clear picture of your household financial situation is always a good strategy. But getting it done can be challenging, particularly in an uncertain economic climate. The best way to manage your money (and hang on to more of it) is by creating and following a budget. It opens your eyes to your cash […]
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What better time to share some fun facts about our farmer friends? We all know that farmers are the backbone of the Ag industry and without farmers feeding the world, we’d literally starve. We also all know that farmers are some of the hardest workers in the entire world. And we want them to know […]
Read MoreAs your local community bank, we constantly search for ways to deliver more conveniences and services to our customers. We initiated contactless services to help keep you safe during the COVID-19 pandemic, and as many of you already know, we have embraced online banking and mobile banking. We are now pleased to announce that we […]
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As a second round of CARES Act stimulus checks makes its way to eligible Americans in the amount of $600 each, scammers have resurfaced to try to snatch them from unsuspecting and innocent citizens. There are few things to be aware of to ensure you don’t fall victim to these unscrupulous swindlers. The IRS is […]
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The holiday season is finally upon us and with it comes all the usual cheer and stress that the hustle and bustle of shopping for the perfect gifts for friends and loved ones brings. Following are a couple ways to keep your finances in check and get the most ‘bang for your buck’ while you […]
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