Farmers and Merchants Bank

Farmers and Merchants Bank, established on July 5, 1949, in Milford, Nebraska, has undergone several significant changes and acquisitions throughout its history. Originally named Farmers and Merchants Bank, the institution officially changed its name to Farmers and Merchants Bank on November 30, 1970, when it also relocated its main office to 617 First Street in Milford. Over the following decades, the bank expanded its operations through a series of acquisitions, including the purchases of Home State Bank in Beaver Crossing, Nebraska, and Farmers State Bank in Douglas, Nebraska, on October 8, 1992. Further growth occurred with the acquisitions of Nebraska State Bank in Weeping Water, Nebraska, and The Bank of Palmyra on the same day. In the ensuing years, the bank acquired The Bank of Wilber on October 26, 1995, and Security National Bank of Superior on January 8, 1998. More recently, Farmers and Merchants Bank acquired Kearney State Bank and Trust Company on February 19, 2008, followed by the acquisition of Ericson State Bank in Ericson, Nebraska, as part of a government-assisted merger on February 14, 2020. Throughout its history, the bank has adapted to the changing financial landscape while maintaining its commitment to serving local communities.

Below is a list of some important events in bank's history, including mergers and acquisitions.

02-14-2020Acquired Ericson State Bank in Ericson, NE as part of a government assisted merger.

02-19-2008Acquired Kearney State Bank and Trust Company in Kearney, NE.

01-09-2008Changed Trust Powers to Limited.

01-08-1998Acquired Security National Bank of Superior in Superior, NE.

10-26-1995Acquired The Bank of Wilber in Wilber, NE.