# Farmers and Mechanics Federal Savings Bank

> **Canonical URL:** https://saferate.com/lenders/farmers-and-mechanics-federal-savings-bank

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Farmers and Mechanics Federal Savings Bank is a bank, headquartered in Bloomfield, IN, with 28 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 73% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300TDS8QNL4IOOX73
- **Headquarters:** Bloomfield, IN
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** IN
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Acceptable 🙂
- Score: 27/100
- Rating: ●●○○○ (2/5)


### Lending Volume
- **Total Loans:** 28
- **Dollar Volume:** $7 million
- **Applications Received:** 52
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $266,071
- **Average Borrower Income:** $132,750

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 28/100 | 27 | +0.189% | $641 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 22 loans, Score: 29/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 31/100 | 23 | $7M | +0.287% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 28 | 0.03% | 58/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 14 | 37/100 |
| Bloomington, IN | IN | 11 | 52/100 |

## Frequently Asked Questions

### What loan types does Farmers and Mechanics Federal Savings Bank offer?

Farmers and Mechanics Federal Savings Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Farmers and Mechanics Federal Savings Bank offer mortgages?

Farmers and Mechanics Federal Savings Bank offers mortgages in 1 states: IN.

### What type of lender is Farmers and Mechanics Federal Savings Bank?

Farmers and Mechanics Federal Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Bloomfield, IN.

### What is Farmers and Mechanics Federal Savings Bank's loan approval success rate?

Farmers and Mechanics Federal Savings Bank has a pull-through score of 27/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/farmers-and-mechanics-federal-savings-bank

### How to Cite

> "Farmers and Mechanics Federal Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/farmers-and-mechanics-federal-savings-bank

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