Farmers Savings Bank

Farmers Savings Bank was a financial institution that underwent several changes throughout its history. On October 9, 1984, the bank became Federal Deposit Insurance Corporation (FDIC) insured, marking a significant milestone in its operations. The same day, the bank's FDIC certificate number was changed, and its main office was relocated to Main Street in Frederika, Iowa. Subsequently, on March 3, 2008, Farmers Savings Bank limited its trust powers. Later that month, on March 31, 2008, the main office was moved again to 103 3rd Street in Frederika, Iowa. Ultimately, on January 29, 2022, Farmers Savings Bank merged with Security State Bank, which is located in Sutherland, Iowa, thereby concluding its independent existence.

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

1984-10-09FDIC Certificate number changed to .

1984-10-09Became FDIC insured.

1984-10-09Main Office moved to Main Street, Frederika, IA 50631.

2008-03-03Changed Trust Powers to Limited.

2008-03-31Main Office moved to 103 3rd St, Frederika, IA 50631.

2022-01-29Merged and became part of Security State Bank in Sutherland, IA.