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The Farmers and Merchants State Bank
✓ FDIC-insured · Active FDIC Certificate #13999
The Farmers and Merchants State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Scotland, South Dakota, established in 1934. As of the 06/30/2026 FDIC call report, it reported $36M in total assets and $32M in deposits. FDIC location data lists 1 office in South Dakota. The FDIC classifies it as a community bank. It is owned by the holding company SCOTLAND HOLDING CO (Scotland, SD).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
The Farmers and Merchants State Bank's only FDIC-listed office is in South Dakota. Browse banks in Scotland for other local options.
Branch locations
| The Farmers and Merchants State Bank The Farmers And Merchants State Bank · Full Service - Brick And Mortar | 550 Main St Scotland, SD 57059 Map ↗ |
Holding company: SCOTLAND HOLDING CO
The FDIC lists SCOTLAND HOLDING CO, based in Scotland, SD, as the top holding company for The Farmers and Merchants State Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in South Dakota
Active FDIC-insured banks headquartered in South Dakota with total assets closest to The Farmers and Merchants State Bank's $36M. See all banks in South Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| The Security State Bank | Emery | $65M | 2 |
| First Western Federal Savings Bank | Rapid City | $64M | 1 |
| Sunrise Bank Dakota | Onida | $58M | 1 |
| Bryant State Bank | Bryant | $53M | 1 |
| Richland State Bank | Bruce | $50M | 1 |
| The Farmers State Bank of Turton | Turton | $41M | 1 |
| The First National Bank of Frederick | Frederick | $29M | 1 |
| Andes State Bank | Lake Andes | $28M | 1 |
The Farmers and Merchants State Bank: common questions
Is The Farmers and Merchants State Bank FDIC-insured?
Yes. The Farmers and Merchants State Bank is an active FDIC-insured institution, FDIC Certificate #13999. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is The Farmers and Merchants State Bank headquartered?
The Farmers and Merchants State Bank is headquartered at 550 Main St, Scotland, SD 57059, according to FDIC records.
How many branches does The Farmers and Merchants State Bank have?
FDIC location data lists 1 office for The Farmers and Merchants State Bank, all in South Dakota.
Who owns The Farmers and Merchants State Bank?
The FDIC lists SCOTLAND HOLDING CO of Scotland, SD as the top holding company for The Farmers and Merchants State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.