Advertising Disclosure

The Farmers Bank (IA)

Overview | Eligibility Requirements | Receive alerts for this bank

View health report

CURRENT TOP RATE

Free Kasasa Cash

Overview / Commentary

www.farmerstrust.com

712-262-3340

125 West 4th Street
Spencer, IA 51301

The Farmers Bank (IA) is headquartered in Spencer and is the 46^th largest bank in the state of Iowa. It is also the 1,576^th largest bank in the nation. It was established in 1916 and as of December of 2019, it had grown to 43 employees at 1 location. The Farmers Bank (IA)'s savings rates are 54% higher than the national average, and it has an A health rating.

Related Posts

Farmers Bank Offers Top-Rate Kasasa Cash In 7 States - 6/25/2020

Farmers Bank's (IA) Free Kasasa Cash (3.00% APY, up to $25k) is available to residents of Illinois, Iowa, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	12858
Year Established	1916
Employees	43
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.28%
Return on Equity - YTD	14.37%
Annual Interest Income	$19.8MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$454.1MM$436.2MM
Loans	Q4 2019vs Q4 2018	$375.4MM$358.5MM
Deposits	Q4 2019vs Q4 2018	$391.0MM$380.2MM
Equity Capital	Q4 2019vs Q4 2018	$41.5MM$38.0MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$4.6MM$4.0MM
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$87.00K$666.00K
Real Estate Owned	Q4 2019vs Q4 2018	$719.00K$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not The Farmers Bank (IA); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Farmers Bank (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	-	$25k	Kasasa Saver
OTHER TIERS: 0.50% → $25k+
0.80%	$1k	-	Limited Edition Savings
0.50%	$1k	-	Companion Savings
0.20%^*	$15k^*	-	Health Savings Account
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $15k
0.20%^*	$15k^*	-	Business Health Savings Account
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $15k
0.05%	$100	-	Traditional Savings Account
0.05%	$20	-	Tiger Cub Club Savings
0.05%	$100	-	Business Traditional Savings Account

The Farmers Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$250k^*	-	Money Market Investor Account
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k
0.30%^*	$250k^*	-	Business Money Market Investor Account
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k

The Farmers Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.00%^*	-	$25k	Free Kasasa Cash
OTHER TIERS: 0.25% → $25k+
0.25%^*	$100k^*	-	Business Interest Checking Account
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $50k \| 0.15% → $50k - $100k
0.25%^*	$100k^*	-	Adventure Club Account
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $50k \| 0.15% → $50k - $100k

The Farmers Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%	$100	-	24 Month CD
0.40%	$100	-	36 Month CD
0.40%	$100	-	48 Month CD
0.40%	$100	-	Business 24 Month CD
0.40%	$100	-	Business 36 Month CD
0.40%	$100	-	Business 48 Month CD
0.35%	$100	-	18 Month CD
0.35%	$100	-	Business 18 Month CD
0.30%	$100	-	12 Month CD
0.30%	$100	-	Business 12 Month CD
0.25%	$100	-	9 Month CD
0.25%	$100	-	Business 9 Month CD
0.20%	$100	-	3 Month CD
0.20%	$100	-	6 Month CD
0.20%	$100	-	Business 3 Month CD
0.20%	$100	-	Business 6 Month CD

The Farmers Bank (IA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%	$100	-	24 Month IRA
0.40%	$100	-	36 Month IRA
0.40%	$100	-	48 Month IRA
0.35%	$100	-	18 Month IRA
0.30%	$100	-	12 Month IRA
0.25%	$100	-	9 Month IRA
0.20%	$100	-	3 Month IRA
0.20%	$100	-	6 Month IRA

Locations

The Farmers Bank (IA) Locations
Farmers Trust and Savings Bank	125 West 4th Street	Spencer, IA 51301

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.