Farmers State Bank of Underwood is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Underwood, Minnesota, established in 12/01/1915. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 4 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Farmers State Bank of Underwood reported total assets of $106,127 and manages deposits totaling $91,657 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $144 thousands last year. For more details, visit their website at www.farmersstbank.com.
Bank Information:
- Bank Name: Farmers State Bank of Underwood
- Address: 110 Main St S, Underwood, Otter Tail, MN, 56586
- Website: www.farmersstbank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 4
- Number of Foreign Offices: 0
- Total Assets: $106,127
- Total Deposits: $91,657
- Domestic Office Deposits: $91,657
Financial Data:
- Net Income (Attributable to Bank): $144
Establishment and Record:
- Established Date: 12/01/1915
- Last Recorded Data on: 04/12/2024