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Farmers and Merchants Savings Bank
✓ FDIC-insured · Active FDIC Certificate #10492
Farmers and Merchants Savings Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Iowa City, Iowa, established in 1901. As of the 06/30/2026 FDIC call report, it reported $122M in total assets and $103M in deposits. FDIC location data lists 4 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company COUNTRY BCORP (West Des Moines, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 4 of Farmers and Merchants Savings Bank's FDIC-listed offices are in Iowa. Browse banks in Iowa City for other local options.
Branch locations
| Farmers and Merchants Savings Bank Nichols Branch · Full Service - Brick And Mortar | 431 Main St Nichols, IA 52766 Map ↗ |
| Farmers and Merchants Savings Bank Lone Tree Branch · Full Service - Brick And Mortar | 200 N Devoe St Lone Tree, IA 52755 Map ↗ |
| Farmers and Merchants Savings Bank Farmers And Merchants Savings Bank · Full Service - Brick And Mortar | 2235 Mormon Trek Blvd Iowa City, IA 52246 Map ↗ |
| Farmers and Merchants Savings Bank Peoples Trust & Savings Branch · Full Service - Brick And Mortar | 90 Railroad St Riverside, IA 52327 Map ↗ |
Holding company: COUNTRY BCORP
The FDIC lists COUNTRY BCORP, based in West Des Moines, IA, as the top holding company for Farmers and Merchants Savings Bank. It also owns 3 FDIC-insured banks:
- Hiawatha Bank and Trust Company, Hiawatha, IA ($157M in assets)
- White State Bank, South English, IA ($109M in assets)
- The Exchange State Bank, Springville, IA ($53M in assets)
FDIC deposit insurance applies separately to each insured bank charter, even when they share a holding company. Confirm the charter before you spread deposits.
Similar-size banks in Iowa
Active FDIC-insured banks headquartered in Iowa with total assets closest to Farmers and Merchants Savings Bank's $122M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| West Iowa Bank | West Bend | $222M | 6 |
| Farmers State Bank | Northwood | $221M | 8 |
| BANK | Wapello | $217M | 7 |
| Farmers Savings Bank | Fostoria | $215M | 3 |
| Iowa State Bank | Sac City | $213M | 3 |
| Farmers Savings Bank & Trust | Traer | $213M | 2 |
| Iowa Trust and Savings Bank | Centerville | $211M | 2 |
| Farmers & Merchants Bank & Trust | Burlington | $208M | 4 |
Farmers and Merchants Savings Bank: common questions
Is Farmers and Merchants Savings Bank FDIC-insured?
Yes. Farmers and Merchants Savings Bank is an active FDIC-insured institution, FDIC Certificate #10492. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Farmers and Merchants Savings Bank headquartered?
Farmers and Merchants Savings Bank is headquartered at 2235 Mormon Trek Blvd, Iowa City, IA 52246, according to FDIC records.
How many branches does Farmers and Merchants Savings Bank have?
FDIC location data lists 4 offices for Farmers and Merchants Savings Bank, all in Iowa.
Who owns Farmers and Merchants Savings Bank?
The FDIC lists COUNTRY BCORP of West Des Moines, IA as the top holding company for Farmers and Merchants Savings Bank. The same holding company owns 3 other FDIC-insured banks.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.