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Why Choose a Local Lender?

In the coming weeks, we'll explain why working with a local lender can get your loan closed in a more timely manner. One reason is RELIABILITY. Everyone involved in the loan closing process--the seller, the lender, the real estate agent, and you, the buyer--wants the loan to close on time. If the closing of a loan has to be extended by a week...and then possibly extended again...this can cause a certain amount of stress and uncertainty. In the worst case, if a loan is denied at the last minute after a buyer has already paid an earnest money deposit, the buyer could lose his deposit as well as miss out on buying the home of his or her dreams. Local lenders have a better reputation for reliability in closing loans on a timely basis.

F&M Security Tip: Back up your files. Eventually, we all have an accident or get hacked. And when we do, backups are often the only way to recover. Backups are cheap and easy; make sure you are backing up all of your personal information (such as family photos) on a regular basis.

Deposit Accounts


We offer a variety of accounts to make it possible to bank YOUR way. From basic checking to money markets and CDs earning competitive interest rates, the choice is yours.

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Loan Products


At Farmers and Merchants State Bank, we understand your needs. We can help with flexible terms that fit your budget. Competitive rates and prompt answers make us the first choice for loans in West Central Illinois.

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Trusts & Investments


With a full service trust department established in 1959, we can provide the professional advice you're looking for. Plan for your future with a wide array of options to meet your needs.

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