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Home > Banking Companies > Farmers & Merchants Bank: The Bank of the Community
Farmers & Merchants Bank: The Bank of the Community
Farmers & Merchants Bank opened its doors on November 23, 1907 in Long Beach. It was founded by C.J. Walker and his wife. They contribute $25,000 as share capital of the bank. Since its foundation, Farmers & Merchants Bank has been working very hard in order to give a better customer service everyday.
During the depression of 1929, Farmers & Merchants Bank was the institution that held Long Beach community afloat. Through some measures, the bank helped many people, for example, the bank did not collect the interest of the loans during that period. Also, the bank postponed foreclosures; thus, borrowers did not have to decide between paying the interest and giving food to their families.
Today, Farmers & Merchants operates with over 20 branches offices in Long Beach and Orange Country. Furthermore, they work with the best team work. Its vision is to see its clients as members of the Farmers & Merchant Bank family. The bank offers banking services to individuals and businesses. Moreover, it has an online platform service for all its clients. The personal baking includes services such as checking accounts, savings programs, personal and home loan plans, and money market accounts. Also, customers can review their balances and account statements, make transfers from one account to another, pay their bills online, and view loan payments, among others.
Small business people can find an excellent support at Farmers & Merchants Bank. Online Cash Management is an online service available at this bank. This alternative allows people to manage their business accounts, manage wire transfers, handle payroll deposit, and confirm payments. Other services are business checking accounts, loans programs, money market accounts, investment accounts, and so on.
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