Farmers & Merchants Savings Bank is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Manchester, Iowa, established in 07/20/1925. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 7 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Farmers & Merchants Savings Bank reported total assets of $597,080 and manages deposits totaling $524,213 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $616 thousands last year. For more details, visit their website at www.fmbankia.com.
Bank Information:
- Bank Name: Farmers & Merchants Savings Bank
- Address: 101 E Main St, Manchester, Delaware, IA, 52057
- Website: www.fmbankia.com
Classification and Operations:
- State: Iowa
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 7
- Number of Foreign Offices: 0
- Total Assets: $597,080
- Total Deposits: $524,213
- Domestic Office Deposits: $524,213
Financial Data:
- Net Income (Attributable to Bank): $616
Establishment and Record:
- Established Date: 07/20/1925
- Last Recorded Data on: 04/12/2024