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Farmers State Bank
✓ FDIC-insured · Active FDIC Certificate #12855
Farmers State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Waterloo, Iowa, established in 1903. As of the 06/30/2026 FDIC call report, it reported $1.6B in total assets and $1.3B in deposits. FDIC location data lists 8 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company FSB FINANCIAL SERVICES INC (Waterloo, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 8 of Farmers State Bank's FDIC-listed offices are in Iowa. Browse banks in Waterloo for other local options.
Branch locations
| Farmers State Bank Jesup Branch · Full Service - Brick And Mortar | 1310 6th St Jesup, IA 50648 Map ↗ |
| Farmers State Bank Dunkerton Branch · Full Service - Brick And Mortar | 905 Jon Rd Dunkerton, IA 50626 Map ↗ |
| Farmers State Bank Farmers State Bank, Gilbertville Branch · Full Service - Brick And Mortar | 1306 5th St Gilbertville, IA 50634 Map ↗ |
| Farmers State Bank Farmers State Bank · Full Service - Brick And Mortar | 224 W 6th St Waterloo, IA 50701 Map ↗ |
| Farmers State Bank Downtown Cedar Falls · Full Service - Brick And Mortar | 515 Main St Cedar Falls, IA 50613 Map ↗ |
| Farmers State Bank Waverly Branch · Full Service - Brick And Mortar | 2101 4th St Sw Waverly, IA 50677 Map ↗ |
| Farmers State Bank West Des Moines Branch · Full Service - Brick And Mortar | 9750 University Ave West Des Moines, IA 50266 Map ↗ |
| Farmers State Bank Farmers State Bank · Full Service - Brick And Mortar | 131 Tower Park Dr Waterloo, IA 50701 Map ↗ |
Holding company: FSB FINANCIAL SERVICES INC
The FDIC lists FSB FINANCIAL SERVICES INC, based in Waterloo, IA, as the top holding company for Farmers State Bank. It also owns one other FDIC-insured bank:
- Iowa Falls State Bank, Iowa Falls, IA ($202M 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 State Bank's $1.6B. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| First Citizens Bank | Mason City | $1.8B | 7 |
| Community State Bank | Ankeny | $1.7B | 10 |
| Availa Bank | Carroll | $1.7B | 16 |
| Lincoln Savings Bank | Reinbeck | $1.7B | 16 |
| CBI Bank & Trust | Muscatine | $1.7B | 24 |
| The Security National Bank of Sioux City, Iowa | Sioux City | $1.7B | 10 |
| American State Bank | Sioux Center | $1.4B | 11 |
| Bank Midwest | Spirit Lake | $1.3B | 11 |
Farmers State Bank: common questions
Is Farmers State Bank FDIC-insured?
Yes. Farmers State Bank is an active FDIC-insured institution, FDIC Certificate #12855. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Farmers State Bank headquartered?
Farmers State Bank is headquartered at 131 Tower Park Dr, Waterloo, IA 50701, according to FDIC records.
How many branches does Farmers State Bank have?
FDIC location data lists 8 offices for Farmers State Bank, all in Iowa.
Who owns Farmers State Bank?
The FDIC lists FSB FINANCIAL SERVICES INC of Waterloo, IA as the top holding company for Farmers State Bank. The same holding company owns 1 other FDIC-insured bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.