Farmers Savings Bank (10500) is headquartered in Wever and is the 180th largest bank in the state of Iowa. It is also the 3,827th largest bank in the nation. It was established in 1908 and as of March of 2020, it had grown to 27 employees at 3 locations. Farmers Savings Bank (10500) has a C+ health rating.
My bank is not the most technologically advanced but it's a small town bank that offers reliable customer service. One reason I have stayed with this bank is that if you accidentally overdraw your checking account, they will take the money out of your savings account. My mom has even been with them long enough that they will call her to let her know. They offer this above and beyond customer service because they know all of their clients well. All of the tellers know me or my family and I trust my money with them and I will always trust their financial advice. They are much more personal than a large company bank would be.
| Overall | |
|---|---|
| FDIC Certificate # | 10500 |
| Year Established | 1908 |
| Employees | 27 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 5.62% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $111.4MM$119.1MM |
| Loans | Q1 2020vs Q1 2019 | $82.1MM$92.8MM |
| Deposits | Q1 2020vs Q1 2019 | $93.9MM$101.9MM |
| Equity Capital | Q1 2020vs Q1 2019 | $17.1MM$16.8MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $1.1MM$1.3MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $4.5MM$5.2MM |
| Real Estate Owned | Q1 2020vs Q1 2019 | $266.00K$55.00K |
Sorry, we do not have rate data for Farmers Savings Bank (10500).
| Farmers Savings Bank (10500) Locations | ||
|---|---|---|
| Farmers Savings Bank Branch | 3131 Sunnyside Avenue | Burlington, IA 52601 |
| Farmers Savings Bank | 3542 168th Street | Wever, IA 52658 |
| Denmark Branch | Highway 16 | Denmark, IA 52624 |