Farmers and Merchants State Bank of Neola

Farmers and Merchants State Bank of Neola was established on January 1, 1886, originally operating under the name Farmers and Merchants State Bank. The institution underwent a name change to Farmers and Merchants State Bank of Neola, Iowa, on May 18, 1976, reflecting its focus on the local community. On December 28, 1913, the bank expanded its services by changing its trust powers to full. A significant relocation occurred on December 30, 1989, when the main office moved to 300 Front Street in Neola, Iowa. This bank remained an integral part of the Neola community until it merged with Midstates Bank, National Association, on August 30, 2019, becoming part of a larger banking institution based in Council Bluffs, Iowa.

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

1886-01-01Institution established. Original name: Farmers and Merchants State Bank.

1913-12-28Changed Trust Powers to Full

1976-05-18Changed Institution Name to Farmers and Merchants State Bank of Neola, Iowa.

1989-12-30Main Office moved to 300 Front Street, Neola, IA 51559.

2019-08-30Merged and became part of Midstates Bank, National Association in Council Bluffs, IA.