Save those tax forms!

The IRS started issuing information letters to advance child tax credit recipients in December (Letter 6419). Recipients of the third round of the Economic Impact Payments will begin receiving information letters at the end of January (Letter 6475). Using the information in these letters when preparing a tax return can reduce errors and delays in processing.

People receiving these letters should keep them. Do not throw them away. These letters can help taxpayers, or their tax professional, prepare their 2021 federal income tax return. See

Need help preparing your return? We have five seasoned tax professionals ready to assist. Start collecting all of your year-end tax documents, and then call or stop by our Trust Department to have your return professionally prepared.

F&M Cyber Tip: One common mistake that can expose your computer to bad files is turning off your anti-virus or firewall - usually while trouble-shooting slow applications. Most of the time when people do this, they forget to turn it back on.

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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