Bank Index

Farmers and Merchants Bank (Baldwyn, MS)

Bank · Baldwyn, United States · overall 5.3 / 10

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How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Farmers and Merchants Bank is recorded in the global register as a bank in Baldwyn, United States. The register shows its licence as licensed. Total assets 0.57 bn USD. It reports 12 offices. Established 1941. Collected from open registers.

Legal name
Farmers and Merchants Bank
Licence confirmed
yes, on a regulator's own list
Established
1941
Website
www.fmbms.com

Scores, 0 to 10

8.0Financial strength & stability
· source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.0Lowest fees
The bank's own page names a monthly account charge, and per-item pricing on top of it. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Small Business Checking Minimum opening balance $200 No minimum balance requirement $10.00 monthly service fee if balance falls below $500 $0.50 per debit over 200 combin” · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.