Company Information

Get to know Farmers Trust & Savings Bank

Chartered in 1912, Farmers Trust and Savings Bank is a locally owned, independent community bank dedicated to serving the financial needs of its communities in North Iowa and Southern Minnesota. Its mission is to provide high-quality, professional financial services and support local growth. The bank offers a comprehensive suite of products, including personal and business checking and savings accounts, certificates of deposit, various loan types (agricultural, commercial, mortgage, consumer), and trust services.

Industry

Financial BankingPRIMARY
Financial Other Service

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Farmers Trust & Savings Bank

United States

Founded in

1914 (112 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.