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About Us

Farmers Savings Bank

In the year 1892, a group of prominent Keota businessmen and local farmers felt there was a need for another bank to serve Keota and the surrounding community. A bank to be a true representative for their clients . . . understanding of their needs, sympathetic and fair. Thus it was that the founders initiated “The Farmers Savings Bank” with a capital of $30,000.00 on May 24, 1893, which is the date of the original Articles of Incorporation. A charter was granted by the State of Iowa on July 26, 1893 and the Farmers Savings Bank began business. There were 30 original stockholders and a staff of two.

Over 100 years later, we still hold to that original purpose. Our capital has grown- we now have over $8,000,000 – and our assets have grown, representing the trust that our clients have placed in us. Our staff has grown also- we now employ 15 full-time employees and we offer a full range of deposit, lending and investment products, but we still subscribe to the thought that our primary purpose is to represent our clients, be understanding and above all be fair and honest.

Our motto has become:

“ Serving the Keota Community since 1893”

and that reflects our commitment to the Keota community first and foremost.

Our recent facility expansion project is evident of that commitment also. We now have the physical plant and the staff to carry the high level of customer service forward into the 21st century. Come see what we are about.

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