Banking Tips

College expenses are sky-high, and the cost is increasing every year. Like saving for retirement, saving for your kid’s education can feel daunting and impossible but just know the sooner you start, the more prepared you’ll be. Here are some tips for saving money for your child’s college education divided by age. If your child […]

If you have financial goals you want to reach, you’re already on the path to building wealth! It doesn’t matter if you’re young, married with kids, or five months from retiring — building wealth is something everyone can do, no matter where you’re starting from. When you focus on building wealth now, you’ll see the payoff […]

We’re almost halfway through the year — can you believe it? Now is the time to look at your financial progress to see if there’s an opportunity to contribute more towards retirement, save money, or cut expenses. Walk through a mid-year financial review to make sure you achieve your goals by the end of this […]

It’s that time again—graduation! For high school seniors and college graduates, this is a time to close one chapter and move on to the next one. Whether that’s planning for dorm room décor or starting the job search, there are many expenses for graduates to pay for. To help with some of those expenses, consider […]

With tax refunds and stimulus checks hitting your bank account, you may find yourself with extra cash. Whether you decide to go all-in paying down debt or split it a few different ways, it’s best to have a plan of action. At Farmers & Merchants Bank, we’re always here to be your neighbor that offers […]

These days, life just doesn’t slow down. And gone are the days of waiting for your bank statement to get a clear picture of your financial situation. With mobile bank alerts, you’ll receive push notifications to automatically inform you of account payments, transfers, and any suspicious activity. Even if you feel on top of your […]

Peer-to-peer (P2P) payment apps such as Venmo, Cash App, and Zelle have made sending money to friends and family easier than ever. But scammers have also made the move to P2P apps and are using social media to lure people to send funds through a P2P app instead of a gift card – the original […]

Every new year brings with it the opportunity for a fresh start. This is the time of year when we resolve to do better… to lose that 10 pounds, to eat fewer cookies, to take more time off. And it’s a great opportunity to take a new look at how you’re handling your finances. Even when […]

To make sure you’re starting 2021 in the strongest possible financial position, take a look at your must-do financial action items to close out 2020. Making sure you nail down these 5 tasks can help you save money and maximize savings in the short and long term. And couldn’t we all use a little more […]

There’s no getting around it: we’re going to be spending a lot of time at home this holiday season. Like a LOT. The good news is that the song got it right—there’s NO place like home for the holidays.  And even though we’d all rather be celebrating under different circumstances, we want to make sure that your time at […]