ARCHBOLD — Earlier this week, Farmers & Merchants Bancorp Inc. announced plans to consolidate four of its offices as part of the Company’s strategic plan to improve operating efficiencies, reinvest in new remote and electronic banking initiatives, and better serve customers.

Lars B. Eller, president and chief executive officer, stated: “Our customers have come to expect the best and easiest banking experience from us, and we continue to work hard to deliver on that expectation. Over the years, we have continued to allocate resources into developing ways to bank with us electronically and remotely. Our customers are using these products and services more and more every day, including during the limited access of in-lobby banking that occurred earlier this year as a result of the COVID-19 pandemic.”

F&M’s office realignment plans, effective March 1, 2021, include:

• 1313 S. Defiance St., Archbold, office will consolidate into our Archbold Main Office at 307 N. Defiance St., and reopen drive-up services at the Archbold Operations Center at 620 S. Clyde’s Way.

• 119 N. Fulton St., Wauseon, office will consolidate into the Wauseon Shoop Office, 1130 N. Shoop Ave.

• 929 E. High St., Bryan, office will consolidate into the Bryan South Towne Office, 1000 S. Main St. The Bryan East High office will temporarily provide limited access to drive-up services and appointment only services as F&M expands its Bryan South Towne office.

• 103 Main St., Monroeville, Ind., will consolidate into the Decatur Office, 1118 S. 13th St. F&M also has two additional full-service locations in Allen County, the new Fort Wayne Illinois Road Office, 7370 Illinois Rd., and the Huntertown Office, 12106 Lima Rd.

• F&M will continue to operate ATMs at all impacted locations

Additional information relating to the closures will be sent to the customers that bank at these offices in the next few days. In addition, customers with safe deposit boxes at the effected offices will receive detailed information on how to transfer the contents within the next 30 days. Customers with any questions or concerns, may call F&M at 419-446-2501. Employees impacted by F&M’s office consolidation program will have opportunities to transition to other roles within F&M over the course of the next few months.

“Consolidating offices is a challenging but necessary decision and follows a thorough review of our operations,” said Eller. “Having a physical presence in our markets remains an important component of our community-oriented values and the locations we are closing are all conveniently located near other F&M offices. In addition, the added ease of being able to bank with F&M in various ways has reduced the usage of some of our office locations. As a result, we want to continue to meet our goal of delivering the best products, services, and customer experience to our communities and will redirect resources to support our remote and electronic banking platform.

“We are working closely with affected employees to help them transition to other roles within F&M. Over the past 12 months, we have added new loan production offices in Muncie, Ind., and Oxford. In addition, a new loan production office in West Bloomfield, Mich., and a new full-service branch in Fort Wayne are expected to open in the coming weeks. Our expansion strategy is adding high-quality jobs within our communities and I am encouraged with our ability to attract experienced, motivated, and dedicated associates to the F&M team. For offices impacted by our consolidation plans, we are working on opportunities that we believe will enable continued contributions to our communities,” concluded Eller.

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