Farmers and Merchants Bank of Western Pennsylvania

Farmers and Merchants Bank of Western Pennsylvania
Farmers and Merchants Bank of Western PA
Type Banking institution
Industry Financial Institution
Founded Kittanning, Pennsylvania, 2008
Headquarters Kittanning, Pennsylvania
Key people Richard Krauland - President & CEO
Products Financial services
Employees 91
Website www.fmbwpa.com

Farmers and Merchants Bank of Western Pennsylvania (F&M Bank) is a local bank in Kittanning, Pennsylvania. It is the result of the merger between the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning in early 2008.

Contents

History

Farmers and Merchants Bank is the result of the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning merging in 2008. Merchants National Bank was the surviving company[1]. Merchants National Bank has operated for 110 years and Farmers National Bank has operated for 123 years. At the time of the merger, Farmers National Bank of Kittanning was the only bank in Kittanning operating under its original charter. Until 1920, the Farmers National Bank printed its own money[2]. In 1999, Merchants National Bank started to offer its online banking service (Net Banker) to its customers.

Products Offered

Personal

  • Free VIP Checking, a no-monthly-fee checking account.
  • VIP Checking with Interest
  • Statement Savings
  • Money Market Account
  • Time Certificates of Deposit
  • Individual Retirement Account
  • Mortgages
  • Consumer Loans

Business

  • Free Business Checking
  • Business Checking with Interest
  • Business Loans

Farmers & Merchants Bank accounts are insured by the Federal Deposit Insurance Corporation.

External links

References


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