Mechanics and Farmers Bank: Your Partner in Financial Success

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Young woman shopping for fresh vegetables at an outdoor farmers market in Erfurt, Germany.
Credit: pexels.com, Young woman shopping for fresh vegetables at an outdoor farmers market in Erfurt, Germany.

Mechanics and Farmers Bank has been serving the community for over 100 years, providing a wide range of financial services to individuals, businesses, and families.

Their experienced team of bankers is dedicated to helping customers achieve financial success, with a focus on personalized service and community involvement.

From checking and savings accounts to loans and credit cards, Mechanics and Farmers Bank offers a variety of products to meet the unique needs of each customer.

By partnering with Mechanics and Farmers Bank, customers can gain access to expert financial advice, convenient banking services, and a commitment to community development.

Investments and Loans

At Mechanics and Farmers Bank, you can count on them to help you get the equipment you need to keep your business running smoothly. Equipment Loans are available to fit your needs, whether you're purchasing, replacing, repairing, or upgrading.

Their Equipment Loans can be used for heavy duty or general purpose equipment, making them a versatile option for businesses.

Commercial Mortgages

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M&F Bank offers competitive pricing on commercial mortgage products for owner-occupied and investment properties. Their team of experienced bankers provides industry knowledge and market area expertise.

They cater to a wide variety of commercial mortgage products, making it easier for businesses to find the right financing solution.

Their commercial mortgage products are designed to meet the unique needs of each business, whether it's a small startup or a large corporation.

M&F Bank's commercial mortgage products can be used for a variety of purposes, including purchasing, refinancing, or renovating a commercial property.

Investments

M&F Bank offers a range of investment options to help you reach your financial goals.

Through its partners, the bank provides access to numerous investment options, including various brokerage account types.

These investment options are designed to meet different needs and risk tolerances, giving you flexibility to choose the best fit for your financial situation.

The bank's investment options can be tailored to help you achieve specific financial objectives, such as saving for retirement or a down payment on a house.

By working with M&F Bank's partners, you can create a diversified investment portfolio that balances risk and potential returns.

The bank's investment options are available to help you grow your wealth over time, whether you're a seasoned investor or just starting out.

Community Involvement

Holstein cow beside farm equipment in a rural landscape, showcasing agricultural life.
Credit: pexels.com, Holstein cow beside farm equipment in a rural landscape, showcasing agricultural life.

Mechanics and Farmers Bank has a strong commitment to giving back to the community. They have received a Community Reinvestment Action (CRA) rate of Outstanding from the FDIC for 25 years.

Their dedication to community involvement is evident in how they manage their finances. The majority of all deposits are recycled back in the communities they serve.

Find Your Routing Number Online

Finding your Mechanics and Farmers Bank routing number online is a straightforward process. You can start by visiting this website, which lists routing numbers for some of the biggest banks in the US.

To get your routing number from online banking, simply log in to your account and navigate to the relevant section.

A bank-issued check or bank statement is another reliable way to find your routing number.

If you're having trouble finding your routing number, you can also try looking it up on the official website of the Federal Reserve, known as Fedwire.

Here are the four ways to find your Mechanics and Farmers Bank routing number online:

  1. Visit this website
  2. Log in to online banking
  3. Check a bank-issued check or bank statement
  4. Look up your routing number on the Fedwire website

Strategy Behind the Work

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The Strategy Behind the Work is rooted in serving those who are often overlooked by traditional banking institutions. Mechanics and Farmers Bank was founded to cater to this underserved community.

By doing so, the bank has built a loyal customer base, with some clients remaining devoted for decades. The bank's focus on serving its community has resulted in a loyal customer base.

However, this isn't enough - the bank needs to attract new customers from a broader demographic. The bank aims to serve not just the African American community, but the community at large.

People who believe in keeping money local and being recognized by their bank are the kind of customers Mechanics and Farmers Bank is targeting.

Broaden your view: Mechanics Bank Heloc

Frequently Asked Questions

Who owns Mechanic and Farmers bank?

M&F Bank is owned by M&F Bancorp, Inc, a company based in Durham, North Carolina. M&F Bancorp, Inc is the parent company of M&F Bank.

What is the history of the Mechanics and Farmers Bank?

Mechanics and Farmers Bank was founded in 1907 by African American entrepreneurs to promote economic empowerment and progress in the community. Located in a historic landmark building, the bank played a significant role in Durham's history as "Black Wall Street

Does Mechanics and Farmers Bank have Zelle?

Yes, Mechanics and Farmers Bank offers Zelle, a fast and secure way to send and receive money. To get started, simply access the Transfer and Pay tab in your M&F Mobile Banking app.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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