Farmers Bank & Trust: A Pillar of Financial Stability in Blytheville, Arkansas

Introduction

Farmers Bank & Trust has been a trusted financial institution in Blytheville, Arkansas for over a century. Founded in 1919, the bank has witnessed the town's growth and prosperity, becoming an integral part of its economic fabric. Headquartered in the heart of Blytheville, Farmers Bank & Trust offers a comprehensive range of banking services to individuals, families, businesses, and the community at large.

Comprehensive Banking Services

• Personal Banking: Checking and savings accounts, personal loans, credit cards, mortgages, and wealth management services.
• Business Banking: Commercial loans, Treasury Management, merchant services, and business guidance.
• Online Banking: 24/7 account access, bill pay, mobile banking, and remote deposit capture.

Strong Financial Performance

Farmers Bank & Trust maintains a strong financial position, with consistently high asset and deposit levels. According to the Federal Deposit Insurance Corporation (FDIC), the bank's assets exceed $230 million as of June 30, 2022. The bank's capital ratios far exceed regulatory requirements, providing depositors with peace of mind.

Community Involvement

Farmers Bank & Trust is deeply committed to giving back to the Blytheville community. The bank supports local businesses, organizations, and initiatives through sponsorships, donations, and volunteerism.

Customer-Focused Approach

At the heart of Farmers Bank & Trust's philosophy is a unwavering commitment to providing exceptional customer service. The bank's friendly and knowledgeable staff go the extra mile to help clients achieve their financial goals.

Why Farmers Bank & Trust Matters

• Financial Stability: With over a century of experience and a strong financial foundation, Farmers Bank & Trust is a reliable partner for your financial needs.
• Personalized Service: The bank's small-town approach allows for personal relationships with customers, leading to tailored financial solutions.
• Community Involvement: Farmers Bank & Trust actively supports the economic and social well-being of Blytheville.
• Convenience: With online banking, mobile banking, and multiple branch locations, the bank makes banking easy and convenient.

Benefits of Banking with Farmers Bank & Trust

• Competitive Rates: Farmers Bank & Trust offers competitive interest rates on deposits and loans to maximize your savings and financing costs.
• Local Decision-Making: The bank's local management team understands the unique needs of the Blytheville community and can make financial decisions quickly and efficiently.
• Investment in Blytheville: By banking with Farmers Bank & Trust, you are not only investing in your financial future but also supporting the economic growth of your town.
• Peace of Mind: With FDIC insurance and a commitment to regulatory compliance, you can rest assured that your funds are safe and secure.

Tips and Tricks for Banking with Farmers Bank & Trust

• Set Up Online Banking: Take advantage of the bank's convenient online banking platform for 24/7 account access and bill payments.
• Sign Up for Mobile Banking: Use the Farmers Bank & Trust mobile app for real-time banking on the go.
• Use Remote Deposit Capture: Deposit checks from anywhere with your smartphone using the bank's RDC service.
• Meet with a Financial Advisor: Schedule an appointment with a bank financial advisor for personalized guidance on your financial goals.

Common Mistakes to Avoid

• Overdraft Protection: Avoid overdraft fees by monitoring your account balance regularly and using overdraft protection services if needed.
• Late Payments: Make loan and credit card payments on time to avoid penalties and negative impact on your credit score.
• Identity Theft: Protect your financial information by keeping your passwords and PINs confidential and reporting any suspicious activity immediately.

FAQs

1. Is Farmers Bank & Trust FDIC-insured?
Yes, Farmers Bank & Trust is a member of the FDIC, which insures deposits up to $250,000 per depositor.

2. What are the bank's business hours?
The bank's Blytheville branch is open Monday to Friday from 8:30 AM to 5:00 PM and on Saturday from 8:30 AM to 12:00 PM.

3. How can I contact customer service?
You can contact customer service at (870) 763-2261 or by email at [email protected].

4. What are the bank's routing and account numbers?
The bank's routing number is 104002233 and the account number can be found on your checks or statements.

5. How can I apply for a loan?
You can apply for a loan online, over the phone, or in person at any of the bank's branches.

6. What are the bank's fees for online banking?
Farmers Bank & Trust does not charge any fees for online banking.

Tables

Table 1: Financial Performance Highlights

| Metric | Value |
|---|---|---|
| Assets | $230 million+ |
| Deposits | $190 million+ |
| Capital Ratios | Far exceed regulatory requirements |

Table 2: Interest Rates

| Type of Account | Interest Rate |
|---|---|---|
| Savings Account | 0.05% APY |
| Money Market Account | 0.10% APY |
| Certificate of Deposit (12-month) | 0.25% APY |

Table 3: Loan Rates

| Type of Loan | Interest Rate |
|---|---|---|
| Auto Loan (60-month term) | 3.99% APR |
| Personal Loan (36-month term) | 7.99% APR |
| Commercial Loan (5-year term) | 5.99% APR |

Conclusion

Farmers Bank & Trust is a trusted and reliable financial institution for the Blytheville community. With a century of experience, strong financial performance, and a commitment to customer service, the bank is the ideal choice for individuals, families, and businesses seeking personalized financial solutions. By choosing Farmers Bank & Trust, you are not only investing in your financial future but also supporting the economic and social well-being of your town.