Mechanics & Farmers Bank

Name:Mechanics & Farmers Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review: 3.5star3 client reviews
Location:116 W Parrish St
Durham, NC 27701

Durham County
View Other Branches
 
Phone:919-687-7803
FDIC Cert:#12266
Established:03/01/1908


The Bank

Name:Mechanics & Farmers Bank
Concentration:Commercial Lending Specialization
Established:03/01/1908
FDIC Insurance:01/01/1934
Holden By:M&F BCORP INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:8, view all, view on map
Website:www.mfbonline.com
Total Assets:$429,605,000
Total Deposits:$362,983,000
Total Equity Capital:$59,540,000
Total Domestic Office Deposits:$362,983,000
Net Income:$5,006,000
Quarterly Net Income:$928,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:9%
Quarterly Return on Equity:6%
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Client Review

3 client reviews of Mechanics & Farmers Bank scored 3.5 out of 5.

Excellent Management
 5star Overall Rating
 5star Interest Rate and Cost
 5star Office Environment & Staff
 5star Waiting Time
by Thadb, Apr. 10, 2021

I opened my savings account with the help from the bank manager Mrs. Polite. She explained everything to me in detail. I enjoyed my time with her and her professional decorum. I highly recommend this fine bank

* this reviewer has be with this bank for 6 months - 1 year
* this reviewer had 1 - 2 banks before.
* this review was made on Mechanics & Farmers Bank, Winston-Salem Branch at Winston Salem, NC
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Sandra gentry
 5star Overall Rating
 3star Interest Rate and Cost
 5star Office Environment & Staff
 4star Waiting Time
 4star Other Services
by sandrag, Jul. 22, 2015

I really like this bsnk.  I have been banking with them for over 15 years and I like that they know me and are friendly and courteous.

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on Mechanics & Farmers Bank, Chapel Hill Blvd Branch at Durham, NC
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Mechanics and Farmers Bank of Durham NC
 1star Overall Rating
 2star Interest Rate and Cost
 1star Office Environment & Staff
 1star Waiting Time
 1star Other Services
by bobjames, Jul. 17, 2012

The Minority Bank is ran by Pres. Kimberly Saunders, they received nearly 4 million from the Obama Administration after they illegally frauded the IRS, OFC, and other Federal Agencies by not filing appropriate internal/external files on time. I would not trust this company with my worst enemies life, period. They have a very bad attitude to be a minority owned bank. If you want to loss your money, then go ahead and bank with this bank...!

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Mechanics & Farmers Bank, M&F Bank Corporate Branch at Durham, NC
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