Mechanics & Farmers Bank, Raleigh Branch

Name:Mechanics & Farmers Bank, Raleigh Branch
Full Service Brick and Mortar Office
Review:3 client reviews
Location:13 East Hargett Street
Raleigh, NC 27601

Wake County
View Other Branches
 
Phone:919-821-4611
Branch Deposit:$25,769,000
FDIC Cert:#12266
Established:1923-01-06


The Bank

Name:Mechanics & Farmers Bank
Concentration:Commercial Lending Specialization
Established:1908-03-01
FDIC Insurance:1934-01-01
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
Total Assets:$343,416,000
Total Deposits:$298,706,000
Total Equity Capital:$39,675,000
Total Domestic Office Deposits:$298,706,000
Net Income:$556,000
Quarterly Net Income:$556,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:7%
Quarterly Return on Equity:7%
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Client Review

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

Excellent Management
Overall Rating
Interest Rate and Cost
Office Environment & Staff
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
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
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
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
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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