Farmers Savings Bank

Status:Inactive as of 01/29/2022
 Merger - Without Assistance
Successor Bank:Security State Bank
Headquarters:Farmers Savings Bank
103 3rd St
Frederika, IA 50631
Established:02/26/1926
FDIC Insurance:10/09/1984
FDIC Cert:#25668
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$53,760,000
Total Deposits:$44,681,000

History

1926-02-26Institution established but was not FDIC insured. Original name: Farmers Savings Bank (90112)
1984-10-09FDIC certificate number changed from (90112) to
1984-10-09Became FDIC insured.
2008-03-03Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
2022-01-29Merged into and subsequently operated as part of Security State Bank (235)

Financial Information (2021-12-31 and Older)