Mechanics & Farmers Bank

Headquarters: Durham, North Carolina
Charter: Bank
Assets: $476.0M
Fed district: Richmond
Regulator: FDIC
Holding company: M&f Bancorp Inc.

19 published fees; none has a market median to compare yet.

Source: its fee schedule, read Nov 3, 2026.

Overview

Total assets
Q2 2026, quarter end
FDIC call report data · Jun 30, 2026
Revenue
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge income
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Nov 3, 2026

How these figures are measured

Call-report figures are for Mechanics & Farmers Bank at the bank level, not its holding company. Revenue is net interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	FDIC BankFind Suite (call report data) ASSET	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Revenue	Revenue (net interest + noninterest income) One quarter, as reported	FDIC BankFind Suite (call report data) NIMQ + NONIIQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge income	Service charges on deposit accounts One quarter, as reported	FDIC BankFind Suite (call report data) ISERCHGQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge share of revenue	Service charges on deposit accounts divided by revenue (net interest + noninterest income) Shown when at least 10 banks of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	Mechanics & Farmers Bank's published fee schedule; Bank Fee Index medians	Current schedule	Nov 3, 2026

Service-charge income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: FDIC BankFind Suite (call report data)
Entity: Mechanics & Farmers Bank (bank level, not the holding company)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

What stands out

Service-charge income was $176K in Q2 2026, 3.3% below the same quarter a year earlier ($182K).
Not established: Two quarters a year apart are two observations, not an established trend in service-charge income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Monthly Maintenance
Mechanics & Farmers Bank: $50
Mechanics & Farmers Bank: $50
U.S. median: no median
Overdraft (OD)
Mechanics & Farmers Bank: $35
Mechanics & Farmers Bank: $35
U.S. median: no median
NSF / Returned Item
Compared at $35, the middle of its prices
Mechanics & Farmers Bank: $30 to $35
Mechanics & Farmers Bank: $30 to $35
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Nov 3, 2026View sources

Each amount links to the fee schedule it was read from. Medians for North Carolina, the Richmond district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
North Carolina: Banks and credit unions headquartered in North Carolina that publish the fee.
Richmond district: Banks and credit unions headquartered in the Richmond Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Service-charge income fell 3.3% from Q3 2025 to Q2 2026, to $176K.

Service-charge income, Q2 2026

$176K

$182KQ3 2025

$178KQ4 2025

$180KQ1 2026

$176KQ2 2026

Against the median

Mechanics & Farmers BankMedian

Sources and open questions

FDIC call reports, bank level, standalone quarters. Four quarters are too few to call a trend.

Do business accounts and account analysis fees make up more of service charges than at peers?

Among its peers

Mechanics & Farmers Bank · $476M in assets

The 25 banks closest in assets

Banks of similar size, for comparing published prices. Not local competitors: they're spread over 15 states.

Banks only
$458M to $494M in assets
Headquartered in 15 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
Mechanics & Farmers Bank(this institution)	Durham, NC	$476M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Arundel Federal Savings Bank	Glen Burnie, MD	$492M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Century Bank and Trust	Milledgeville, GA	$491M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Citizens Bank & Trust Company	Plaquemine, LA	$481M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Citizens National Bank of Cheboygan	Cheboygan, MI	$471M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Dean Co-operative Bank	Franklin, MA	$494M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Overdraft not published
Eclipse Bank, Inc.	Louisville, KY	$486M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
EvaBank	Eva, AL	$491M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
First National Bank in New Bremen	New Bremen, OH	$467M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
FNB Community Bank	Midwest City, OK	$480M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
FSNB, National Association	Lawton, OK	$478M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Fulton Savings Bank	Fulton, NY	$492M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Hoyne Savings Bank	Chicago, IL	$480M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Overdraft not published
Iowa State Bank	Des Moines, IA	$481M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Local Bank	Hulbert, OK	$463M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Meade County Bank	Brandenburg, KY	$458M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Northview Bank	Sandstone, MN	$470M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Ohio State Bank	Bexley, OH	$484M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Pbt Bancorp	Hazard, KY	$473M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Seamen's Bank	Provincetown, MA	$478M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Overdraft not published
Southwest Capital Bank	Albuquerque, NM	$483M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Sterling Federal Bank, F.S.B.	Sterling, IL	$482M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
The Bank, National Association	McAlester, OK	$488M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
The Bippus State Bank	Huntington, IN	$459M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
The Citizens Bank of Clovis	Clovis, NM	$493M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Wallkill Valley Federal Savings and Loan Association	Wallkill, NY	$485M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published

✓ publishes the fee. – not published.

25 peers selected · 16 publish this fee(monthly maintenance)

9 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Monthly maintenance is $43 (614%) above the median of similar-sized banks.

Its published price is $50, against a peer median of $7 among 16 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Oct 26, 2026.

Monthly maintenance fee in dollars, one mark per institution

Mechanics & Farmers BankPeer (equal prices stack)Peer medianInclude $50 outlierShown past the axis break, not to scale, so the rest of the set has room.

Against this institution's monthly maintenance fee

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Oct 26, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for Mechanics & Farmers Bank (bank level, not the holding company). Income lines are standalone quarters.

Measure

Service-charge income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $176K
vs prior quarter: −$4K−2.2%; from Q1 2026
vs a year earlier: −$6K−3.3%; from Q2 2025
vs start of range: −$24K−12.0%; from Q3 2024

Details

Source: FDIC BankFind Suite (call report data)
Entity: Mechanics & Farmers Bank (bank level, not the holding company)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$176K	−$4K	−2.2%
Q1 2026	$180K	+$2K	+1.1%
Q4 2025	$178K	−$4K	−2.2%
Q3 2025	$182K	$0	0.0%
Q2 2025	$182K	−$4K	−2.2%
Q1 2025	$186K	−$6K	−3.1%
Q4 2024	$192K	−$8K	−4.0%
Q3 2024	$200K	+$12K	+6.4%

Service-charge share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from Mechanics & Farmers Bank’s own schedules, with a source for each figure.

Account Maintenance

Monthly Service$50
per month
Account Closing Fee (if closed within 90 days of opening)$25
Dormant Account Fee$10
per month
Statement Reconciliation (per hour or any part thereof)$35
Not compared: Charged per hour; comparison unavailable
per hour
Excessive Withdrawal (W/D) Fee – Money Market$5
per item
Excessive Withdrawal (W/D) Fee – Savings$2
per item

Overdraft & NSF

Overdraft Fee$35
per item
Paid Item Fee$35
per item
NSF Fee$35
per item
Returned Item Fee$35
per item
Returned Items – Special Instructions$30
per item

ATM & Card

ATM/Debit Card Replacement$7.50

Check Services

Cashier’s Check – Customer$10
Cashier’s Check – Non Customer with an M&F check$15
Counter Checks$2
Check Cashing (non customer)$7.50
Collection Items$15
Per check/statement copy$5
per item

Digital & Electronic

Fee per ACH file$15

Cash & Deposit

Returned Deposited Item Fee$12

Account Services

Notary – CustomerNo charge
Annual Fee: 3×5 (audience not stated, treated as personal)$35
per year
Safe Deposit Box – Drilling$25
Not compared: Box drilling or key fee
Safe Deposit Box – Key Replacement$20
Not compared: Box drilling or key fee
Safe Deposit Box – Late Charge$10
Not compared: Box drilling or key fee
Garnishments or Levies$125

Retirement & IRA

IRA Transfer Fee$50

Other Fees

Special/Interim/Duplicate Statements$7

Fee	Amount	Basis	Note
Account Maintenance
Monthly Service	$50	per month	None
Account Closing Fee (if closed within 90 days of opening)	$25	Not stated	None
Dormant Account Fee	$10	per month	None
Statement Reconciliation (per hour or any part thereof)	$35Not compared: Charged per hour; comparison unavailable	per hour	None
Excessive Withdrawal (W/D) Fee – Money Market	$5	per item	None
Excessive Withdrawal (W/D) Fee – Savings	$2	per item	None
Overdraft & NSF
Overdraft Fee	$35	per item	None
Paid Item Fee	$35	per item	None
NSF Fee	$35	per item	None
Returned Item Fee	$35	per item	None
Returned Items – Special Instructions	$30	per item	None
ATM & Card
ATM/Debit Card Replacement	$7.50	Not stated	None
Check Services
Cashier’s Check – Customer	$10	Not stated	None
Cashier’s Check – Non Customer with an M&F check	$15	Not stated	None
Counter Checks	$2	Not stated	None
Check Cashing (non customer)	$7.50	Not stated	None
Collection Items	$15	Not stated	None
Per check/statement copy	$5	per item	None
Digital & Electronic
Fee per ACH file	$15	Not stated	None
Cash & Deposit
Returned Deposited Item Fee	$12	Not stated	None
Account Services
Notary – Customer	No charge	Not stated	None
Annual Fee: 3×5 (audience not stated, treated as personal)	$35	per year	None
Safe Deposit Box – Drilling	$25Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box – Key Replacement	$20Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box – Late Charge	$10Not compared: Box drilling or key fee	Not stated	None
Garnishments or Levies	$125	Not stated	None
Retirement & IRA
IRA Transfer Fee	$50	Not stated	None
Other Fees
Special/Interim/Duplicate Statements	$7	Not stated	None

Audience not stated on the bank’s schedule; treated as personal. Fees may differ for business or commercial accounts. How audience is decided

Account Maintenance

Monthly Service$50
per month
Account Closing Fee (if closed within 90 days of opening)$25
Dormant Account Fee$10
per month
Statement Reconciliation (per hour or any part thereof)$35
Not compared: Charged per hour; comparison unavailable
per hour
Excessive Withdrawal (W/D) Fee – Commercial Money Market$15
per item
Excessive Withdrawal (W/D) Fee – Commercial Savings$5
per item
Excessive Withdrawal (W/D) Fee – Money Market$5
per item
Excessive Withdrawal (W/D) Fee – Savings$2
per item

Overdraft & NSF

Overdraft Fee$35
per item
Paid Item Fee$35
per item
NSF Fee$35
per item
Returned Item Fee$35
per item
Returned Items – Special Instructions$30
per item

ATM & Card

ATM/Debit Card Replacement$7.50

Check Services

Cashier’s Check – Customer$10
Cashier’s Check – Non Customer with an M&F check$15
Counter Checks$2
Check Cashing (non customer)$7.50
Collection Items$15
Per check/statement copy$5
per item

Digital & Electronic

Fee per ACH file$15

Cash & Deposit

Returned Deposited Item Fee$12

Account Services

Notary – CustomerNo charge
Safe Deposit Box – Drilling$25
Not compared: Box drilling or key fee
Safe Deposit Box – Key Replacement$20
Not compared: Box drilling or key fee
Safe Deposit Box – Late Charge$10
Not compared: Box drilling or key fee
Garnishments or Levies$125

Retirement & IRA

IRA Transfer Fee$50

Other Fees

Special/Interim/Duplicate Statements$7

Fee	Amount	Basis	Note
Account Maintenance
Monthly Service	$50	per month	None
Account Closing Fee (if closed within 90 days of opening)	$25	Not stated	None
Dormant Account Fee	$10	per month	None
Statement Reconciliation (per hour or any part thereof)	$35Not compared: Charged per hour; comparison unavailable	per hour	None
Excessive Withdrawal (W/D) Fee – Commercial Money Market	$15	per item	None
Excessive Withdrawal (W/D) Fee – Commercial Savings	$5	per item	None
Excessive Withdrawal (W/D) Fee – Money Market	$5	per item	None
Excessive Withdrawal (W/D) Fee – Savings	$2	per item	None
Overdraft & NSF
Overdraft Fee	$35	per item	None
Paid Item Fee	$35	per item	None
NSF Fee	$35	per item	None
Returned Item Fee	$35	per item	None
Returned Items – Special Instructions	$30	per item	None
ATM & Card
ATM/Debit Card Replacement	$7.50	Not stated	None
Check Services
Cashier’s Check – Customer	$10	Not stated	None
Cashier’s Check – Non Customer with an M&F check	$15	Not stated	None
Counter Checks	$2	Not stated	None
Check Cashing (non customer)	$7.50	Not stated	None
Collection Items	$15	Not stated	None
Per check/statement copy	$5	per item	None
Digital & Electronic
Fee per ACH file	$15	Not stated	None
Cash & Deposit
Returned Deposited Item Fee	$12	Not stated	None
Account Services
Notary – Customer	No charge	Not stated	None
Safe Deposit Box – Drilling	$25Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box – Key Replacement	$20Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box – Late Charge	$10Not compared: Box drilling or key fee	Not stated	None
Garnishments or Levies	$125	Not stated	None
Retirement & IRA
IRA Transfer Fee	$50	Not stated	None
Other Fees
Special/Interim/Duplicate Statements	$7	Not stated	None

Correct a fee source

Nov 3, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

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