Farmers and Merchants Bank

Farmers and Merchants Bank Overview

Farmers and Merchants Bank, founded in January 1, 1918, is currently an active FDIC insured bank. The chartering agency for Farmers and Merchants Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Farmers and Merchants Bank has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Reserve Board (FRB).

Farmers and Merchants Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Farmers and Merchants Bank

Bank Name Farmers and Merchants Bank FDIC Bank Location for Farmers and Merchants Bank
Address Main Street
Huron, SD 57350
County: Beadle
Bank’s State: South Dakota
Website: Unknown

 

Farmers and Merchants Bank Detailed Information

FDIC Certificate ID 1126
Bank Institution Name Farmers and Merchants Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 13505
Total Assets $156,783,000
Total Deposits $137,499,000
Regulator Federal Reserve Board (FRB)
Bank Charter Class SM – Commercial Bank. Bank is supervised by the Federal Reserve Board (FRB). State Charter and Fed member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance January 01, 1934
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Beadle
Office of Thrift Supervision Region West
Assigned Federal Reserve District Kansas City
Oakar Institutions Yes
FDIC Field Office 0
Insured offices of foreign banks 0

Farmers and Merchants Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

Leave a Reply