The Farmers and Merchants State Bank Overview
The Farmers and Merchants State Bank, founded in March 6, 1934, is currently an inactive FDIC insured bank. The chartering agency for The Farmers and Merchants State Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. The Farmers and Merchants State Bank has an FDIC insurance membership with the DIF - Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
The Farmers and Merchants State Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on March 06, 1934.
Address Location and Maps for The Farmers and Merchants State Bank
| Bank Name | The Farmers and Merchants State Bank | |
| Address | 550 Main Street Scotland, SD 57059 |
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| County: | Bon Homme | |
| Bank’s State: | South Dakota | |
| Website: | http://www.fmsbscotland.com:80/ |
The Farmers and Merchants State Bank Detailed Information
| FDIC Certificate ID | 13999 |
| Bank Institution Name | The Farmers and Merchants State Bank |
| Is the Bank Active? | Inactive |
| Office of Thrift Supervision Docket ID | Not an OTS Member |
| Total Assets | $23,916,000 |
| Total Deposits | $21,325,000 |
| Regulator | Federal Deposit Insurance Corporation (FDIC) |
| Bank Charter Class | NM - Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member |
| FDIC Bank’s Chartering Agency | State |
| Bank is FDIC Insured | No, FDIC insured bank is NOT a member of the Bank Insurance Fund |
| Bank Insurance Fund | DIF - Deposit Insurance Fund |
| Date of Deposit Insurance | March 06, 1934 |
| Change Code | 520 |
| Change Code Description | FDIC Insured Bank’s Location has Changed |
| 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? | No |
| 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 | Bon Homme |
| Office of Thrift Supervision Region | West |
| Assigned Federal Reserve District | Kansas City |
| Oakar Institutions | No |
| FDIC Field Office | 0 |
| Insured offices of foreign banks | 0 |
The Farmers and Merchants State Bank is insured by the Federal Deposit Insurance Corporation (FDIC)