ARCHBOLD, Ohio, Oct. 1, 2012 /PRNewswire/ -- Paul S. Siebenmorgen, President and CEO of Farmers & Merchants State Bank in Archbold, Ohio, announced that construction will begin in the fall on the bank's twentieth office, in Waterville, Ohio.
The full-service office will serve the Waterville and Whitehouse markets and include a drive-up ATM and three drive-up lanes staffed with local bankers to serve customers, with decisions made locally. F&M focuses on locally owned and operated businesses and individuals because that is where 'its' own roots are. The Waterville office compliments the existing F&M office network.
The new office is located at the entrance to the new Villages at Waterville Landing, in front of the Kroger at 8720 Waterville-Swanton Road (near the new U.S Highway 24). This is a rapidly growing area with shopping and housing. The opening is scheduled for the first half of 2013.
Farmers & Merchants State Bank is a $930 million independent community bank that has been serving Northwest Ohio for 115 years. Farmers & Merchants State Bank has 19 offices with locations in Fulton, Williams, Henry, Defiance, Lucas and Wood counties in Ohio and three offices in DeKalb and Steuben counties in Indiana. Farmers & Merchants Bancorp, Inc. is the one bank holding company of the Farmers & Merchants State Bank and is traded under the symbol FMAO.
SOURCE Farmers & Merchants State Bank