The Farmers And Merchants State Bank is a bank based in Scotland, South Dakota, established in 1934, with $36 million in total assets across 1 branch. By Trust Grade it ranks 34th of 56 banks we track in South Dakota. Its capital ratio of 9.4% trails most similarly sized banks (22th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 1.35% return on assets. No consumer complaints against The Farmers And Merchants State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Farmers And Merchants State Bank compares to South Dakota peers
How we graded The Farmers And Merchants State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.4% capital ratio)
- Strongly profitable (ROA 1.35%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Farmers And Merchants State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 550 Main St, Scotland, SD 57059
Are deposits at The Farmers And Merchants State Bank insured?
Yes. The Farmers And Merchants State Bank is an FDIC-insured bank (FDIC certificate #13999). 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.
The Farmers And Merchants State Bank: frequently asked questions
Is The Farmers And Merchants State Bank a good bank?
The Farmers And Merchants State Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.4% capital ratio); Strongly profitable (ROA 1.35%).
Is The Farmers And Merchants State Bank FDIC-insured?
Yes. The Farmers And Merchants State Bank is a FDIC-insured bank (FDIC certificate #13999). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Farmers And Merchants State Bank?
The Farmers And Merchants State Bank holds $36 million in total assets, ranking 34th of 56 banks we track in South Dakota. It operates 1 branch.
Does The Farmers And Merchants State Bank have CFPB complaints?
No CFPB complaints against The Farmers And Merchants State 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.
