FMB

What FMB does

FMB (legal name Farmers and Merchants Bank) is a privately-held, FDIC-insured community bank headquartered in Missouri, USA. It serves individual consumers and small/medium businesses across the state through a multi-channel distribution model combining physical branches, a web-based online banking platform, and native iOS and Android mobile applications, supported by a Money Pass surcharge-free ATM network.

The bank's product portfolio spans personal checking (Your Choice Checking) and savings accounts, debit and credit cards (including the Visa Zero+ Card via Elan), personal loans, business loans, SBA loans (where FMB holds preferred-lender status as a Top 10 SBA Lender), residential mortgages via the FMB Mortgage sub-brand, a Home Equity Line of Credit (HELOC), merchant services for card acceptance, domestic and international wire transfers, and ACH via Direct Connect. A youth-focused Teen Link debit card paired with Student Checking targets the under-18 segment. Online banking integrates Autobooks for SMB invoicing and accounting. The bank's lending and fee-based activities are supported by standard core-banking infrastructure (CSI Web digital banking, evidenced by the mobile app package name) rather than proprietary technology.

Revenue derives from five streams: net interest income on the consumer, commercial, SBA, and mortgage loan book; deposit account service charges; card and merchant transaction fees; wire transfer fees; and merchant services income. Distribution combines branch banking with self-serve digital channels and a Travel Club community-engagement program. The bank holds no disclosed institutional investors, parent company, or external PE/VC backing, and operates exclusively in the U.S. Midwest.

Name

FMB

Legal name

Farmers and Merchants Bank

Website

https://fmb4banking.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

FMB (Farmers and Merchants Bank) is a privately-held FDIC-insured community bank in Missouri serving individual consumers and small/medium businesses through branches, online, and mobile channels with deposits, consumer and commercial lending, SBA loans, mortgages, and merchant services.

Ownership category

akta.pro rank

Headquarters

HQ city

Saint-sever-du-moustier

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including personal loans, business loans, SBA loans, home loans, and home equity lines of credit. The bank serves as a SBA preferred lender.
2. Deposit Account Fees: Service charges and fees from personal and business deposit accounts including checking and savings accounts
3. Card Services: Debit card and credit card transaction fees, including merchant services for business customers
4. Wire Transfers: Fees from domestic and international wire transfer services for personal and business customers
5. Merchant Services: Payment processing services for business customers accepting card payments

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

FMB is a Missouri-based community bank that delivers personal and business banking products and lending services. Its core offering spans checking and savings accounts, debit and credit cards, personal loans, business loans, SBA loans, mortgages (via the FMB Mortgage sub-brand), home equity lines of credit, merchant services, and wire transfers, distributed through physical branches, an online banking platform, and iOS/Android mobile applications.

Product overview

FMB (Farmers and Merchants Bank) is a community bank offering a unified suite of banking products and services primarily focused on personal and business banking in Missouri. The core product portfolio includes personal checking (Your Choice Checking), savings, debit/credit cards, and loan products (personal, business, SBA, home/mortgage). The bank extends its offering through integrated add-on modules including Mobile Banking (iOS/Android apps), Direct Connect online banking, Autobooks for business accounting, Wire Transfers, and Merchant Services for payment processing. A mortgage sub-brand (FMB Mortgage) and home equity products (HELOC) complement the lending suite. The Teen Link Debit Card and Student Checking target youth banking. The bank also operates a Travel Club for customer engagement.

Differentiator

Problem solved

Functional benefit

Brands

• FMB Mortgage: Mortgage lending division offering home loans, refinancing, FHA loans, construction loans, and first-time homebuyer programs.

Products and services

• Your Choice Checking Personal checking account for individual consumers in Missouri offering flexible features and access to no-service-charge ATMs.
• Personal Savings Savings account product for personal banking customers with competitive deposit rates.
• Credit Cards Personal credit card products including the Visa Zero+ Card with various rewards and benefits.
• Debit Cards Personal debit card services including lost-or-stolen card reporting and no-service-charge ATM access.
• Teen Link Debit Card Debit card product designed for teenagers, paired with a Student Checking account to help teach financial responsibility in the youth banking segment.
• Business Deposit Accounts Business checking and deposit account solutions including FMB Business Checking for small and medium businesses.
• Business Credit Cards Credit card products designed for business customers to support operating expenses and purchasing needs.
• Merchant Services Payment processing and merchant services for business customers to accept debit and credit card payments.
• Personal Loans Consumer loan products for personal financial needs, underwritten with local decision-making.
• Business Loans Commercial lending solutions including term loans and business equipment financing for small and medium businesses.
• Business Equipment Loan Loan promotion to help businesses acquire equipment through dedicated equipment financing.
• SBA Loans Small Business Administration loans offered through the SBA preferred lender program, with expedited processing for small business financing.
• FMB Mortgage (Home Loans) Mortgage division offering home purchase loans, refinancing, fixed and adjustable rate loans, FHA loans, construction loans, and first-time homebuyer programs.
• Home Equity Line of Credit (HELOC) Home equity line of credit allowing customers to access cash without refinancing their existing mortgage, launched in 2026.
• Wire Transfers Domestic and international wire transfer services available to both personal and business customers.
• Mobile Banking iOS and Android mobile banking application for account access, transactions, transfers, and account management, available on Apple App Store and Google Play.
• Direct Connect (Online Banking) Web-based online banking service for personal and business customers with ACH and wire transfer functionality, supporting Direct Connect integration.
• Autobooks Business accounting and invoicing tool integrated within FMB's online banking platform for business customers to manage receivables and payments.

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Digital IntersectionminorImplementation/ SI/ Consulting PartnerWebsite development partner responsible for creating and maintaining the FMB corporate website and digital presence.
• Apple App StoreminorChannel Partner/ Reseller/ DistributorDistribution channel for FMB's iOS mobile banking application, making mobile banking available to Apple device users.
• Google PlayminorChannel Partner/ Reseller/ DistributorDistribution channel for FMB's Android mobile banking application, making mobile banking available to Android device users.
• SBA (Small Business Administration)coreStrategic or Co-development PartnerAs a preferred SBA lender, FMB partners with the Small Business Administration to provide SBA loan products to small businesses with expedited processing capabilities.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Reliance Bank (St. Louis): Reliance Bank is a Missouri community bank serving individuals and small businesses with deposits, loans, and digital banking. Comparable scale and customer base to FMB, including emphasis on local relationship banking.
• Lindell Bank & Trust Company: Lindell Bank is a St. Louis–based community bank offering personal, business, and mortgage products. Directly comparable to FMB in geographic focus and relationship-led community banking model.
• Bank of Missouri: Bank of Missouri is a community bank operating across Missouri with a similar mix of personal, business, and mortgage products plus SBA lending. Direct overlap with FMB in geography and customer segments including small business lending.
• Midwest BankCentre: Midwest BankCentre is a St. Louis-headquartered community bank serving individuals and businesses with deposits, loans, and treasury services. Comparable scope of services and Missouri geographic focus to FMB.
• Hawthorn Bank: Hawthorn Bank is a Missouri-based community bank providing personal and business banking, including SBA and mortgage lending, in overlapping geographies with FMB. Closely matched in scale, regulatory model, and customer segments (Missouri consumers and SMBs).
• Legends Bank: Legends Bank is a Missouri community bank providing personal and business banking services. Similar scale, regulatory positioning, and SMB focus as FMB, with overlapping Missouri footprint.
• First Bank (MO) — First Bank of Missouri: First Bank of Missouri is a community bank offering personal and commercial banking including SBA lending in Missouri markets. Directly comparable business model and small-business focus with FMB.
• Great Southern Bank: Great Southern Bank is a community bank with a strong Missouri and multi-state Midwest presence offering personal and business banking including SBA-style commercial lending. Comparable community-bank model and product mix to FMB.

Regional players

• Equity Bank: Equity Bank is a community-focused bank operating across Kansas, Missouri, Oklahoma, and surrounding states with personal, business, and SBA-style lending. Comparable community-bank value proposition and overlapping Midwestern footprint with FMB.

Broad incumbents

• Commerce Bank: Commerce Bank is a larger regional bank serving Missouri and surrounding states with personal, business, and wealth products. Overlaps with FMB in Missouri SMB and consumer banking but operates at significantly greater scale and product breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bankwithfmb
• LinkedInlinkedin.com/company/farmers-merchants-bank-st-clair

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FMB