Farmers and Mechanics Federal
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Farmers and Mechanics is part of two surcharge free networks. ATMs eligible for this benefit can be found using the following locators:

Find a MoneyPass® ATM
Find an Alliance One ATM

Note that fees may apply at other financial institution ATMs.

Where Community Matters

Need assistance? We would love to help address any questions, ideas, or concerns you might have. Please stop by one of our branches or contact us by phone or e-mail:

Bloomfield Office: (812) 384-4473
Bloomington Office: (812) 332-4473
Eastern Office: (812) 792-4473

Farmers and Mechanics Federal
  • Home
  • Products & Services
    • Personal Banking
    • Business Banking
  • About
  • Contact
BankOn
Bank On Certified

Farmers and Mechanics Bank On Basic Checking Account has been certified for the 2025-2026 Bank On National Account Standards

Online Banking
Online and Mobile Banking

Manage your money, pay bills, access your statements, and make deposits from wherever you happen to be.

Community Matters Checking
Community Matters Checking Accounts

Farmers and Mechanics knows that a little help goes a long way. We will make a local charity contribution for each new checking account opened!

ATM Networks
Free of Fee ATM Networks

Farmers and Mechanics is part of the MoneyPass and AllianceOne Networks, allowing you to access your cash fee free nationwide.

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ATM Locator

Farmers and Mechanics is part of two surcharge free networks. ATMs eligible for this benefit can be found using the following locators:

Find a MoneyPass® ATM
Find an Alliance One ATM

Note that fees may apply at other financial institution ATMs.

Checking
Checking

Whatever your financial need, we have a checking account that will work for you.

Savings
Savings

Farmers and Mechanics offers a variety of savings products to fit your every need.

Lending
Lending

Farmers and Mechanics Federal has over 100 years of experience being a lender who truly cares about you individually.

Debit Card
Debit Card

No need to write a check or handle cash.

Direct Deposit
Direct Deposit

No need to write a check or handle cash.

Safe-Deposit Boxes
Safe-Deposit Boxes

Need a safe place to store valuables? We've got you covered.

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Other Services

See the other Personal Banking services we offer.

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Checking Accounts

Every new personal checking account includes:
FREE Debit Card, FREE Online Banking, FREE Bill Pay, FREE Mobile Banking with Mobile Deposit, FREE eStatements, FREE Thank You Gift, FREE Gifts for referring others, Buy back of your debit cards and unused checks from another financial institution up to $10 within 30 days of account opening

Benefits Checking

  • An account that pays for itself with added value!
  • Cell phone protection
  • CyberScout ® Identity theft resolution
  • Roadside assistance
  • $10,000 accidental death & dismemberment insurance
  • Shopping, dining and travel discounts
  • FREE standard checks
  • Only $6.95 per month & $50 minimum to open

Premier Interest Checking

  • An account for those interested in higher interest!
  • FREE standard checks
  • Higher interest rate with a balance of $1500 or more
  • Competitive interest if balance falls below $1500
  • Only $6 monthly charge if minimum balance falls below $1500
  • $50 minimum to open

50+ Direct Interest Checking

  • An account for those who are 50 or over and for those who want to earn a little interest by having a direct deposit or automatic payment!
  • FREE standard checks
  • Competitive interest
  • No minimum balance
  • No monthly service charge
  • $50 minimum to open

Simply Free Checking

  • No minimum balance
  • No monthly service charge
  • $50 minimum to open
  • 6 free starter checks

Bank On Basic Checking

  • Bank On Certified
  • $1 monthly fee waived with direct deposit or any debit card transaction
  • $10 minimum to open

Savings Accounts

Farmers and Mechanics offers a variety of savings products to fit your every need.

Christmas Club

  • No monthly service charge
  • Proceeds paid out in October
  • No withdrawals
  • $1 minimum to open

Money Market Account

  • Higher interest rate for balance of $2500 or more
  • Competitive interest if balance falls below $2500
  • Only $10 per month if balance falls below $2500
  • $50 minimum to open

Simply Savings Account

  • Service fee is waived for those under 18 years of age
  • Minimum balance of $50 to avoid monthly service fee of $5
  • $50 minimum to open
 
 

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Lending

Farmers and Mechanics Federal has over 100 years of lending experience. We can help you purchase your first home, remodel your home to just the way you have always dreamed, or refinance your home to a lender who truly cares about you individually. We will not sell your loan on to another bank, so we can work with you to custom fit your mortgage to meet your needs.

First Mortgage Loans

Farmers and Mechanics Federal offers fixed rate mortgages with varying terms for the purchase or refinance of a new or existing home.

Home Equity Loans

A fixed rate and fixed monthly payment second mortgage loan can be funded utilizing the available equity in your home.

Home Equity Line of Credit

A home equity line of credit is a revolving loan that you may borrow up to a fixed amount. This product offers a flexible repayment schedule suited to your own personal budget.

Home Construction Loans

Our nine month construction loan provides draws as construction progresses and allows you to pay interest only on the outstanding balance monthly. The construction loan is converted to a first mortgage loan upon completion.

Personal Loans

Loans flexible to handle everyday life.

Credit Card Options

We make it easy to choose the credit card that is right for you - Low Rate or Preferred Points Rewards. It’s the only card you need for everything you need to do.

Learn More

Safe-Deposit Boxes

  • 3x5$15/year
  • 3x10$30/year
  • 4x10$40/year
  • 5x15$50/year
  • 10x10$60/year
Contents in safe-deposit boxes are not FDIC Insured

No need to write a check or handle cash.

With your debit card, transactions are deducted from your checking account automatically. Use at any ATM to access your cash.

Get your check faster.

We can provide you with the information you need for your employer to set up direct deposit into your account.

Other Personal Services

Money Orders
Contact us or visit your local branch for more info
Gift Card
Contact us or visit your local branch for more info
General Purpose Reloadable Instant Issue
Contact us or visit your local branch for more info
Travel Card
Contact us or visit your local branch for more info
Award Card
Contact us or visit your local branch for more info

Quick Links

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Contact Us

Personal Banking

Business Banking

Disclosures

Resources

Calculators

Online Banking

ATM Locators

Employment Application

Privacy Policy

Reorder Deluxe Personal Checks

Hours

Mon 8-5, Tues 8-5, Wed 8-1,
Thurs 8-5, Fri 8-5, Sat 8-12

 

Locations

Main Office
225 E Main St, Bloomfield IN 47424

Branch Office
3535 W Third St, Bloomington IN 47404
(CLOSED ON SAT)

Branch Office
1224 N State Road 45, Bloomfield IN 47424
(CLOSED ON WED)

Loan Production Office
260 E Main St, Jasonville IN 47438
(CLOSED ON SAT)