Farmers Bank

Farmers Bank was established on November 15, 1919, under its original name. Over the years, the institution underwent several significant changes. On October 10, 1989, the main office was relocated to 50 East Windsor Boulevard, Windsor, Virginia. On September 8, 1998, Farmers Bank changed its primary federal regulatory agency to the Federal Reserve and became a member of the Federal Reserve System. Ultimately, on January 13, 2023, Farmers Bank merged with TowneBank, located in Portsmouth, Virginia, becoming part of that institution.

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

1919-11-15Institution established. Original name: Farmers Bank.

1989-10-10Main Office moved to 50 East Windsor Boulevard, Windsor, VA 23487.

1998-09-08Institution becomes member of the Federal Reserve System.

1998-09-08Changed Primary Federal Regulatory Agency to FED.

2023-01-13Merged and became part of TowneBank in Portsmouth, VA.