Farmers & Merchants Savings Bank is a bank based in Manchester, Iowa, established in 1925, with $595 million in total assets across 7 branches. By Trust Grade it ranks 103rd of 226 banks we track in Iowa. Its capital ratio of 13.0% is stronger than 80% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.10% return on assets. No consumer complaints against Farmers & Merchants Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers & Merchants Savings Bank compares to Iowa peers
How we graded Farmers & Merchants Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.0% capital ratio)
- Strongly profitable (ROA 1.10%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers & Merchants Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (7)
- 7641 Lake Dr, Lino Lakes, MN 55014
- 4000 1st Ave Ne, Cedar Rapids, IA 52402
- 845 East County Road 32, Vadnais Heights, MN 55127
- 200 1st St Sw, Cedar Rapids, IA 52404
- 220 W Main St, Anamosa, IA 52205
- 111 E 1st St, Monticello, IA 52310
- 101 E Main St, Manchester, IA 52057
Are deposits at Farmers & Merchants Savings Bank insured?
Yes. Farmers & Merchants Savings Bank is an FDIC-insured bank (FDIC certificate #9298). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Farmers & Merchants Savings Bank: frequently asked questions
Is Farmers & Merchants Savings Bank a good bank?
Farmers & Merchants Savings Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.0% capital ratio); Strongly profitable (ROA 1.10%).
Is Farmers & Merchants Savings Bank FDIC-insured?
Yes. Farmers & Merchants Savings Bank is a FDIC-insured bank (FDIC certificate #9298). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers & Merchants Savings Bank?
Farmers & Merchants Savings Bank holds $595 million in total assets, ranking 103rd of 226 banks we track in Iowa. It operates 7 branches.
Does Farmers & Merchants Savings Bank have CFPB complaints?
No CFPB complaints against Farmers & Merchants Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
