Farmers & Merchants Bancorp, Inc..
FMAO.US | Other monetary intermediation
Farmers & Merchants Bancorp, Inc. operates as the bank holding company for Farmers & Merchants State Bank that provides commercial banking services to individuals, businesses, and institutions. It offers various deposit products, including checking, savings, and money market accounts, as well as cer...Show More
Better Health for All
0
No evidence available to assess Farmers & Merchants Bancorp, Inc. on Better Health for All.
Fair Money & Economic Opportunity
20
Farmers & Merchants Bancorp, Inc. (FMAO.US) received a 'Satisfactory' CRA rating in its 2024 performance evaluation.
1
The evaluation found no CRA-related complaints or discriminatory or illegal credit practices.
2
The company's Community Development Loans totaled $44.9 million, representing 10.6% of its average total loans between November 2020 and December 2023.
3
Fair Pay & Worker Respect
30
In 2024, the CEO-to-median-employee pay ratio for FMAO.US was 18:1, with CEO Lars B. Eller's total compensation at $910,007 and the median employee pay at $49,512.
1
Fair Trade & Ethical Sourcing
0
Farmers & Merchants Bancorp, Inc. (FMAO.US) operates as a bank, and as such, does not procure or trade physical commodities that would typically require fair-trade certifications, supply chain audits for welfare, or traceability of materials. Therefore, KPIs related to fair trade certification share, audit frequency, forced/child labour incidents, traceability coverage, remediation speed for supply chain violations, ethical clause coverage in contracts for commodity sourcing, and materials risk index are not applicable to its core business model. No specific data was found for supplier diversity spend.
1
Honest & Fair Business
0
No specific, concrete data points were found in the provided articles for any of the KPIs related to Honest & Fair Business. The articles primarily outline governance structures and audit committee responsibilities without providing quantitative metrics or specific details on regulatory fines, transparency index scores, whistleblower policy effectiveness, financial restatements, audit coverage, ESG controversy, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims.
1
Kind to Animals
0
No evidence available to assess Farmers & Merchants Bancorp, Inc. on Kind to Animals.
No War, No Weapons
0
No specific, concrete data points were found in the provided articles regarding FMAO.US's involvement in arms manufacturing, military contracts, conflict facilitation, or peacebuilding initiatives. The articles reviewed focused on financial performance, general ESG risk, and carbon emissions, explicitly stating the absence of information relevant to the 'No War, No Weapons' value.
1
Planet-Friendly Business
0
The provided articles explicitly state that no quantitative sustainability data is available for Farmers & Merchants Bancorp, Inc. across any of the metrics relevant to Planet-Friendly Business.
1
This includes, but is not limited to, emissions, renewable energy, water use, waste diversion, climate targets, and environmental compliance.
2
The lack of disclosure is noted as a significant data gap.
3
Respect for Cultures & Communities
0
The company has no reported cultural appropriation incidents.
1
Given its business model as a bank, this KPI is generally not applicable in a way that would lead to incidents.
Safe & Smart Tech
0
The company experienced a data breach on October 18, 2023, attributed to ALPHV, but the leak size is unknown.
1
The company states it does not disclose customer information except as permitted by law and has no documented incidents of unauthorized data use.
2
It collects personal information voluntarily offered for clearly identified purposes and non-personal information like browser type and site activity.
3
Users can opt-out of SMS text messages.
4
The company maintains technological and operational security functions to protect personally identifiable information, with access limited to authorized employees by need.
5
It uses encryption for online banking sessions, including encrypted cookies, and recommends using a VPN for public Wi-Fi.
6
The company recommends using strong, unique passwords and multi-factor authentication (MFA).
7
It also recommends keeping devices and software updated with security patches.
8
Its privacy policies are designed to meet strict federal banking regulations, and it uses a .BANK domain, which requires higher cybersecurity standards including mandatory HTTPS encryption.
9
The company requires each employee who uses Internet banking to undergo security awareness training at least annually.
10
Zero Waste & Sustainable Products
0
No evidence available to assess Farmers & Merchants Bancorp, Inc. on Zero Waste & Sustainable Products.