Flood Resources - Consumers and Businesses

Identity theft is one of the fastest growing crimes in the country. And phone scams is one of the growing fraud tactics that criminals use. In these scams, callers pretend to be your bank, credit card company or other organization to get you to give them personal and financial information. The caller may make claims about the status of your accounts or credit cards. They then ask for your account or credit card information, which they use to steal your identity and money.

Put a stop...

Perhaps you remember your mom or dad – or yourself! – sitting down with their paper bank statement at the end of each month, meticulously comparing it to the check register in their checkbook and making sure finances balanced out.

Well, those days are long gone. Unless you’re paying rent or making a big purchase, most of us no longer rely on checks to make payments. With copious advances in technology, banking online is safe, secure and convenient. It has in many ways...

Farmers Trust and Savings Bank is pleased to announce Sydney Roskens has moved into her new role as a Commercial Lender Trainee.  Sydney has been an integral part of the Farmers Bank team for 2+ years, consistently demonstrating dedication, professionalism, and a strong commitment to customer service. In her previous role as a Personal Banker, Sydney built a reputation for understanding customer’s unique financial goals and provided tailored solutions to help customers achieve them.

“I...

Spencer, IA – March 2024 – Farmers Trust and Savings Bank is pleased to announce that Kaylene Mortensen is transitioning into her new role as Senior Loan Support Specialist. Kaylene has served Farmers Bank in the Lending Department most recently as Loan Support & Documentation. Mortensen has over 5 years in banking and finance experience. Her new role will help expand and enhance how Farmers Bank can further assist customers.

As Senior Loan Support Specialist, Kaylene will...

The popularity of social media continues to grow, especially as new social channels are introduced. While social networks allow people to easily connect with each other and share information, they are also a hotbed for fraudulent activity. To help consumers avoid becoming a victim, check out these five tips on how to use social media safely.

According to the Federal Trade Commission, one in four people who reported losing money to fraud over the last two years said the scam began...

In the dynamic landscape of finance and technology, mobile payments have emerged as an ever present payments force. What's particularly noteworthy is their ability to transcend generational boundaries, becoming a common thread that connects individuals across different age groups. 

The Rise of Mobile Payments: A Universal Phenomenon

Mobile payments have experienced unprecedented growth in recent years, with an increasing number of individuals opting for the convenience...

Spencer, IA – January 2024 – Farmers Trust and Savings Bank is pleased to welcome Payton Johnson (NMLS  2267846) to its growing team as the newest Real Estate Loan Officer. Payton came to Farmers Bank with three years’ experience in Real Estate Lending from a local bank in Sioux Falls, South Dakota. Payton will help expand and enhance how Farmers Bank can further serve the many area customers with their home financing needs.

“We are pleased to announce the...

One of the best ways to keep your accounts secure is to ensure Farmers Bank has your current contact information. We can’t alert you with important information if we can’t reach you.

If you’ve filed a Change of Address form with the U.S. Postal Service or have a forwarding order in place, it will not apply to mail sent to you by the bank. For security purposes, this mail is returned to us pending you notify us directly of your change of address.

Make...

Usher in the new year with plans for financial improvement and resolutions to do more. Here are some tips to get you started:

Tune your budget

A budget is just that – a plan that starts with your income and your fixed expenses, such as your mortgage, insurance and utilities. The plan incorporates your savings goals, and the remaining money is designated for your other expenses. Now is the perfect time to assess last year’s budget or create a new one. Reviewing how...

If you’re one of the millions of Americans who added “be debt-free” to their New Year’s resolutions, check out these simple steps to help you get out of debt as quickly as possible.