Farmers and Merchants Bank of Western Pennsylvania
Encyclopedia
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.
Farmers & Merchants Bank accounts are insured by the Federal Deposit Insurance Corporation
.
Kittanning, Pennsylvania
Kittanning is a borough and the county seat of Armstrong County, Pennsylvania in the United States. It is situated northeast of Pittsburgh, along the east bank of the Allegheny River. The name means "at the great stream" in the Delaware language...
. It is the result of the merger between the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning in early 2008.
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. 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. In 1999, Merchants National Bank started to offer its online banking service (Net Banker) to its customers.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
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation is a United States government corporation created by the Glass–Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank. , the FDIC insures deposits at...
.