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First Farmers & Merchants National Bank
✓ FDIC-insured · Active FDIC Certificate #33131
First Farmers & Merchants National Bank is an FDIC-insured national bank chartered by the Office of the Comptroller of the Currency (OCC), headquartered in Fairmont, Minnesota, established in 1990. As of the 06/30/2026 FDIC call report, it reported $140M in total assets and $115M in deposits. FDIC location data lists 2 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company 215 HOLDING CO (Minneapolis, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 2 of First Farmers & Merchants National Bank's FDIC-listed offices are in Minnesota. Browse banks in Fairmont for other local options.
Branch locations
| First Farmers & Merchants National Bank St. Paul Branch · Full Service - Brick And Mortar | 332 Minnesota St Saint Paul, MN 55101 Map ↗ |
| First Farmers & Merchants National Bank First Farmers & Merchants National Bank · Full Service - Brick And Mortar | 114 S Park St Fairmont, MN 56031 Map ↗ |
Holding company: 215 HOLDING CO
The FDIC lists 215 HOLDING CO, based in Minneapolis, MN, as the top holding company for First Farmers & Merchants National Bank. It also owns 5 FDIC-insured banks:
- Liberty National Bank, Sioux City, IA ($624M in assets)
- First Farmers & Merchants Bank, Cannon Falls, MN ($486M in assets)
- First Farmers & Merchants National Bank, Luverne, MN ($243M in assets)
- First Farmers & Merchants State Bank, Brownsdale, MN ($96M in assets)
- First Farmers & Merchants State Bank of Grand Meadow, Grand Meadow, MN ($93M 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 Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to First Farmers & Merchants National Bank's $140M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Eagle Bank | Glenwood | $227M | 5 |
| Commerce Bank | Geneva | $220M | 2 |
| Home State Bank | Litchfield | $219M | 4 |
| Lakeview Bank | Lakeville | $218M | 2 |
| F & M Community Bank, National Association | Preston | $211M | 3 |
| ESB Bank | Caledonia | $209M | 3 |
| Grand Marais State Bank | Grand Marais | $207M | 5 |
| Wadena State Bank | Wadena | $207M | 4 |
First Farmers & Merchants National Bank: common questions
Is First Farmers & Merchants National Bank FDIC-insured?
Yes. First Farmers & Merchants National Bank is an active FDIC-insured institution, FDIC Certificate #33131. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is First Farmers & Merchants National Bank headquartered?
First Farmers & Merchants National Bank is headquartered at 114 S Park St, Fairmont, MN 56031, according to FDIC records.
How many branches does First Farmers & Merchants National Bank have?
FDIC location data lists 2 offices for First Farmers & Merchants National Bank, all in Minnesota.
Who owns First Farmers & Merchants National Bank?
The FDIC lists 215 HOLDING CO of Minneapolis, MN as the top holding company for First Farmers & Merchants National Bank. The same holding company owns 5 other FDIC-insured banks.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.