Bank · FDIC insured
F&M Bank
A $3.5B bank, the 368th largest of 4,207, headquartered in Archbold, OH, with 38 branches in 3 states. Best rates: CDs 3.50% and savings 1.03% APY.
F&M Bank Carrot Score
78
Carrot Score
Higher than 46% of U.S. banks and credit unions
#16 of 31 in Toledo, OH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About F&M Bank
Founded in 1897 in Archbold, Ohio, The Farmers & Merchants State Bank converted into a holding company structure under Farmers & Merchants Bancorp in 1985.
Originally established as a private bank, it became state-chartered in 1919 and publicly converted its brand and logo to F&M Bank in 2023.
The bank operates locations across Ohio, Indiana, and Michigan following acquisitions including Knisely Bank, Ossian Financial Services, Perpetual Federal Savings Bank, and Peoples Federal Savings and Loan Association.
- Headquarters
- 307 N Defiance St, Archbold, OH 43502
- FDIC certificate
- 5969 ↗
Branches
38 branches in 3 states
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Ohio
23 branches
Toledo area · 10
- The Farmers & Merchants State BankMain office307 N Defiance St, Archbold, OH 43502Directions
- Operations Center Branch620 S Clydes Way, Archbold, OH 43502Directions
- Bowling Green Branch1072 N Main St, Bowling Green, OH 43402Directions
- Delta Branch101 Main St, Delta, OH 43515Directions
- Perrysburg Branch7001 Lighthouse Way, Perrysburg, OH 43551Directions
- Swanton Branch7 Turtle Creek Cir, Swanton, OH 43558Directions
- Farmers & Merchants State Bank- Sylvania Branch5830 Monroe St, Sylvania, OH 43560Directions
- Toledo Downtown Branch120 N Summit St., Toledo, OH 43604Directions
- Waterville Oh Branch8720 Waterville Swanton Rd, Waterville, OH 43566Directions
- Wauseon Branch1130 N Shoop Ave, Wauseon, OH 43567Directions
Sidney area · 3
- S. Pike Street Branch403 S Pike St, Anna, OH 45302Directions
- E. Pike Street Branch115 E Pike St, Jackson Center, OH 45334Directions
- Peoples Federal Savings Branch101 E Court St, Sidney, OH 45365Directions
Defiance area · 2
- Defiance Branch1175 Hotel Dr, Defiance, OH 43512Directions
- Hicksville Branch100 N Main St, Hicksville, OH 43526Directions
Bryan area · 1
- South Main Branch1000 S Main St, Bryan, OH 43506Directions
Findlay area · 1
- Farmers And Merchants State Bank - Findlay Branch1660 Tiffin Ave, Findlay, OH 45840Directions
Montpelier area · 1
- Eastside Branch1150 E Main St, Montpelier, OH 43543Directions
Napoleon area · 1
- Napoleon Branch2255 Scott St, Napoleon, OH 43545Directions
Cincinnati area · 1
- Oxford Branch335 South College Avenue, Oxford, OH 45056Directions
Stryker area · 1
- Stryker Branch300 South Defiance Street, Stryker, OH 43557Directions
Urbana area · 1
- Perpetual Federal Mo Branch120 N Main St, Urbana, OH 43078Directions
West Unity area · 1
- West Unity Branch200 W Jackson St, West Unity, OH 43570Directions
Indiana
13 branches
Fort Wayne area · 5
- Bluffton Branch111 Oak Forest Dr, Bluffton, IN 46714Directions
- Fort Wayne Office Branch128 West Wayne St., Fort Wayne, IN 46802Directions
- Huntertown Branch12106 Lima Rd, Fort Wayne, IN 46818Directions
- The Farmers & Merchants State Bank - Fort Wayne - Illinois Branch7370 Illinois Rd, Fort Wayne, IN 46804Directions
- Ossian Branch102 N Jefferson St, Ossian, IN 46777Directions
Decatur area · 4
- Berne Branch100 Ushy 27 N, Berne, IN 46711Directions
- Decatur Office Branch1118 S 13th St, Decatur, IN 46733Directions
- Old Bank Of Geneva Branch215 E Line St, Geneva, IN 46740Directions
- Monroe Branch150 W Washington St, Monroe, IN 46772Directions
Auburn area · 2
- Auburn Branch406 Smaltz Way, Auburn, IN 46706Directions
- Butler Branch200 S Broadway St, Butler, IN 46721Directions
Angola area · 1
- Angola Branch2310 N Wayne St, Angola, IN 46703Directions
Portland area · 1
- Portland Branch1451 N Meridian St, Portland, IN 47371Directions
Michigan
2 branches
- Birmingham Office Branch220 Park Street, Birmingham, MI 48009Directions
- Troy Branch3001 W Big Beaver Rd, Troy, MI 48084Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.44% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.27% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.28% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $94 | $88 | — |
- CapitalLeverage ratio9.44%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.27%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.28%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$94Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of F&M Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.