Farmers Bank & Trust: A Cornerstone for Financial Stability in Blytheville

Introduction

Farmers Bank & Trust has been a pillar of the Blytheville community for over a century, providing a wide range of financial services to individuals, families, and businesses. As a locally owned and operated institution, Farmers Bank & Trust is deeply committed to the economic growth and well-being of the region it serves.

History and Milestones

• 1904: Farmers Bank & Trust was founded as Farmers & Merchants Bank.
• 1932: The bank weathered the Great Depression and emerged stronger than ever.
• 1956: The name was changed to Farmers Bank & Trust Company.
• 1982: Farmers Bank & Trust expanded its footprint with the acquisition of two other banks.
• 2004: The bank celebrated its centennial anniversary.
• 2021: Farmers Bank & Trust expanded again with the acquisition of a third bank.

Services Offered

Farmers Bank & Trust offers a comprehensive suite of financial services, including:

• Personal Banking: Checking accounts, savings accounts, loans, and credit cards
• Business Banking: Commercial loans, lines of credit, and cash management services
• Wealth Management: Investment management, retirement planning, and trust services
• Agricultural Services: Farm loans, crop insurance, and financial planning for farmers
• Mortgage Lending: Residential and commercial mortgages tailored to individual needs

Community Involvement

Farmers Bank & Trust believes in giving back to the community it serves. The bank actively supports local organizations and initiatives, including:

• The Blytheville United Way
• The Blytheville Chamber of Commerce
• The Blytheville Area YMCA
• The Boys and Girls Club of Blytheville

Financial Performance

Farmers Bank & Trust is a financially sound institution with a strong balance sheet and a history of profitability. According to the Federal Deposit Insurance Corporation (FDIC), Farmers Bank & Trust has:

• Assets: Over $450 million
• Deposits: Over $375 million
• Loans: Over $225 million

Why Farmers Bank & Trust Matters

• Local Ownership and Control: As a community-based bank, Farmers Bank & Trust makes decisions that prioritize the best interests of its customers and the Blytheville area.
• Personalized Service: Farmers Bank & Trust takes a personal approach to banking, offering tailored financial solutions to meet individual needs.
• Community Involvement: The bank's commitment to giving back to the community strengthens the social and economic fabric of Blytheville.
• Financial Stability: Farmers Bank & Trust is a well-capitalized institution with a strong financial track record, providing peace of mind to its customers.

How Farmers Bank & Trust Benefits You

• Access to Financial Products: Farmers Bank & Trust offers a wide range of financial products and services designed to meet all your banking needs.
• Personalized Advice: The bank's knowledgeable staff provides personalized advice and guidance to help you achieve your financial goals.
• Community Support: By banking with Farmers Bank & Trust, you support a local institution that is committed to the well-being of the Blytheville community.

Tips and Tricks

• Take advantage of online and mobile banking: Enjoy the convenience of managing your finances from anywhere, anytime.
• Set up automatic bill payments: Save time and effort by setting up recurring payments for your essential bills.
• Maximize your savings: Take advantage of high-yield savings accounts and certificates of deposit to grow your money.

Common Mistakes to Avoid

• Ignoring your credit score: Monitor your credit score regularly and take steps to improve it if necessary.
• Overextending yourself financially: Don't borrow more than you can afford to repay.
• Not having an emergency fund: Set aside a separate savings account for unexpected expenses.

Frequently Asked Questions (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 hours of operation? The Blytheville branch of Farmers Bank & Trust is open Monday-Friday from 9:00 AM to 5:00 PM.
3. Does the bank offer safe deposit boxes? Yes, Farmers Bank & Trust offers safe deposit boxes for rent in various sizes.
4. What is the bank's routing number? The routing number for Farmers Bank & Trust is 082911607.
5. Can I open an account online? Yes, you can open an account online through the Farmers Bank & Trust website.
6. What is the bank's customer service number? The customer service number for Farmers Bank & Trust is (870) 763-5431.

Conclusion

Farmers Bank & Trust is a trusted financial institution that has been serving the Blytheville community for over a century. With its comprehensive suite of services, personalized approach, and commitment to community involvement, Farmers Bank & Trust is the ideal choice for individuals, families, and businesses alike. As a strong and stable financial partner, Farmers Bank & Trust is dedicated to helping its customers achieve their financial goals and contribute to the well-being of the Blytheville area.

Tables

Table 1: Financial Performance Highlights

Table 2: Fees and Rates

Table 3: Contact Information