Bank · FDIC insured
Farmers & Merchants Bank
A $307.6M bank headquartered in La Fayette, AL, with 3 branches in Alabama. Best rates: CDs 3.75% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Savings: rates are not published online. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—3.75%CD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants Bank
Established in 1934, Farmers and Merchants Bank is a locally owned community bank headquartered in LaFayette, Alabama.
Serving Chambers County, it expanded into Tallapoosa County in April 2014 by opening a Dadeville branch, and focuses primarily on small to mid-size business owners and individuals.
- Headquarters
- 2 1st St Ne, La Fayette, AL 36862
- FDIC certificate
- 13887 ↗
Branches
3 branches in Alabama
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Alabama
3 branches
La Fayette area · 1
- Farmers and Merchants BankMain office2 1st St Ne, La Fayette, AL 36862Directions
Dadeville area · 1
- Dadeville Branch216 S Broadnax St, Dadeville, AL 36853Directions
Lanett area · 1
- Cusseta Roads Branch2838 S Phillips Rd, Lanett, AL 36863Directions
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 | 11.56% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.98% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.08% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $46 | $81 | — |
- CapitalLeverage ratio11.56%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.98%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.08%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$46Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 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 Farmers & Merchants Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.