Farmers and Mechanics Federal
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There are 24/7 ATMs available at each of our branches. See our locations.

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
    • Lending
  • About
    • Locations and Hours
    • Directors
  • Contact
Online Banking
Business Online Banking

Manage your business finances online or with our mobile app, with tiered access control based on employee roles.

Commercial Loans
Commercial Loans

We'll work with you face to face to ensure we meet your unique needs. Decisions are made locally with competitive rates.

Merchant Services
Merchant Services

With competitive rates, available payment terminals and our partnership through Banc Card, we can meet your business specific needs.

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ATM Locations

There are 24/7 ATMs available at each of our branches. See our locations.

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.

Business Debit Card
Business Checking

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

Business Credit Card
Business Credit Card

Obtain a credit card for your business expenses.

Lending
Lending

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

Savings
Savings

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

Merchant Services
Merchant Services

Transaction, authorization, processing and network services for credit and debit cards.

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Checking Accounts

Every new business checking account includes:
FREE Business Debit Card, FREE Online Banking, FREE Bill Pay, FREE Mobile Banking with Mobile Deposit, FREE eStatements, Buy back of your debit cards and unused checks from another financial institution of $10 within 30 days of account opening

Commercial Checking

  • For businesses with more complex banking needs!
  • Earnings credit allowance on deposit balances may offset activity fees
  • Only $10 monthly service charge
  • Transaction items are just 15¢ each

Business Interest Checking

  • Designed for sole proprietorships and not-for profits!
  • 1000 FREE monthly transaction items
  • Competitive interest
  • Only $1500 minimum balance to avoid a low monthly fee of $6

Simply Free Business Checking

  • Perfect for most businesses!
  • 1000 FREE monthly transaction items
  • No minimum balance
  • No monthly service charge
+ - Disclosures Click to collapse

Other fees such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Ask us for details. Bank rules and regulations apply. Transaction items include all debits and credits. If the Simply Free Business or Business Interest account exceeds 1,000 free monthly transactions, the account may be converted to another checking product. $10 for debit cards and unused checks from another financial institution given at the time the checks/debit cards are presented within 30 days of account opening.

 
 

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Lending

Farmers and Mechanics offers a wide range of lending solutions to support your goals—from buying or building a home to purchasing land or financing major expenses. With options like real estate and construction loans, term loans, and bridge financing, you’ll find flexible solutions with competitive rates and local decision-making. No matter your next step, our team is here to provide personal service and guidance you can trust.

Get loan application form

Real Estate Loans

  • Fast approvals
  • Flexible loan structures tailored to your needs
  • Competitive closing costs with no hidden fees

Construction Loans

  • One-Time Close Construction Loans
  • Owner-Builder options for qualified buyers managing their own build
  • Pole Barn Homes with Land
  • Manufactured Homes with Land

Land Loans

  • Residential Lots
  • Acreage & Recreational Land
  • Future Construction Plans

Term Loans

  • Our term loans can assist you with financing for titled vehicles, equipment, and more.
  • Fast Approvals
  • Fixed rates and predictable monthly payments
  • Financing for new and used vehicles
  • Unsecured options

Bridge Loans

  • Fixed Rates
  • Interest-Only Payments
  • Short-Term Financing

A card for all of your expenses.

Use your Business Credit Card for everything you need to better your business.

Learn More

Merchant Services

Transaction, authorization, processing and network services for credit and debit cards.

Learn More

Quick Links

Home

About Us

Contact Us

Lending

Personal Banking

Business Banking

Careers

Disclosures

Resources

Calculators

Online Banking

ATM Locations

Employment Application

Privacy Policy

CRA Public File

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
24/7 ATM Available

Branch Office
3535 W Third St, Bloomington IN 47404
(CLOSED ON SAT)
24/7 ATM Available

Branch Office
1224 N State Road 45, Bloomfield IN 47424
(CLOSED ON WED)
24/7 ATM Available

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