At Farmers & Merchants Bank, we’re dedicated to keeping our customers informed about regulatory requirements that impact their businesses. One such requirement is the filing of a Beneficial Ownership report, mandated by the Corporate Transparency Act (CTA). If your business is required to file, understanding the process is essential to ensure compliance and avoid penalties. […]
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Choosing to open a business savings account is a smart decision for any company serious about securing its financial future. This decision is more than just a prudent financial move; it’s a strategic action that positions your business for growth and stability. A business savings account is not merely a storage space for surplus cash. […]
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As a business owner, protecting your finances and preventing fraudulent activity should be a top priority. One way to do this is by using a banking service called Positive Pay. In this blog, we will explore what Positive Pay is, how it works, and why every business owner should consider using it. What is Positive […]
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It’s time for sharpened pencils and sharpened minds. Let’s get back to school! This month, we thought we’d get a jump on the learning season and highlight some of our favorite finance- related professions. Here are just 3 banking/finance related professions which might be worth pursuing if you are really into numbers! 1. Banker. Well, […]
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