Farmers State Bank Calhan Co.: A Comprehensive Guide to Local Banking

Nestled amidst the rolling hills of Calhan, Colorado, Farmers State Bank Calhan Co. has been a pillar of the community for over a century, offering a wide range of financial services that cater to the needs of individuals, businesses, and families alike.

History and Mission

Founded in 1907, Farmers State Bank Calhan Co. has a rich history of serving the Calhan community. Throughout its long existence, the bank has remained true to its mission of providing exceptional customer service and supporting the local economy.

With a keen focus on community involvement, Farmers State Bank Calhan Co. actively participates in various events and organizations that promote the growth and well-being of the area.

Products and Services

Farmers State Bank Calhan Co. offers a comprehensive suite of banking products and services to meet the diverse financial needs of its clients:

• Checking Accounts: Non-interest bearing and interest-bearing checking accounts to manage everyday finances.
• Savings Accounts: Secure accounts to accumulate funds and earn interest over time.
• Certificates of Deposit (CDs): Fixed-term accounts with competitive interest rates and a range of maturity options.
• Money Market Accounts: High-yield accounts that combine the convenience of a checking account with the earning potential of a savings account.
• Loans: Personal, business, agricultural, and real estate loans tailored to individual needs and circumstances.
• Online and Mobile Banking: Convenient access to accounts, transactions, and bill payments from anywhere, anytime.
• Wealth Management: Personalized financial planning and investment services for long-term financial goals.

Why Choose Farmers State Bank Calhan Co.?

Farmers State Bank Calhan Co. stands out as a local banking institution that:

• Values Customer Relationships: Prioritizes personal connections and understands the specific needs of its clients.
• Supports the Community: Actively invests in the growth and prosperity of Calhan through community initiatives and partnerships.
• Provides Local Decision-Making: Decisions are made locally, ensuring that the bank remains responsive to the unique circumstances of the community.
• Offers Competitive Rates: Delivers competitive interest rates on savings accounts and CDs, while keeping loan rates affordable.
• Prioritizes Security: Utilizes advanced technology and adheres to strict security protocols to safeguard client information and assets.

Step-by-Step Guide to Open an Account

1. Visit the Bank: Visit the branch located at 530 Calhan Avenue, Calhan, CO 80808.
2. Bring Required Documents: Provide necessary documents such as a government-issued ID and proof of residency.
3. Meet with a Banker: Discuss your financial needs and goals with a knowledgeable banker who will assist you in selecting the best account option for you.
4. Complete the Application: Fill out the account application form and provide your signature.
5. Deposit Funds: Make an initial deposit to activate your account.

Comparing Pros and Cons

Pros:

• Local bank with a strong community presence
• Personalized customer service
• Competitive interest rates
• Local decision-making
• Advanced security measures

Cons:

• Limited number of physical branches
• Potentially higher fees for certain services compared to larger banks

Frequently Asked Questions (FAQs)

1. What are the minimum balance requirements for checking accounts?
   - There is no minimum balance requirement for most checking accounts.

2. Can I access my account online?
   - Yes, Farmers State Bank Calhan Co. offers online and mobile banking services, allowing you to manage your accounts remotely.

   

3. What types of loans does the bank offer?
   - The bank offers a variety of loan options, including personal, business, agricultural, and real estate loans.

4. Is there a charge for using ATMs outside the bank's network?
   - Yes, a small fee may be charged for using non-network ATMs.

5. How do I report lost or stolen cards?
   - If your debit or credit card is lost or stolen, contact Farmers State Bank Calhan Co. immediately by calling (719) 347-2013.

6. What are the bank's business hours?
   - The bank's lobby hours are Monday-Friday from 9:00 AM to 4:00 PM and Saturday from 9:00 AM to 12:00 PM.

7. Does the bank offer financial planning services?
   - Yes, Farmers State Bank Calhan Co. offers personalized financial planning and investment services through its wealth management division.

   

8. How do I apply for a loan?
   - To apply for a loan, visit the bank's website or schedule an appointment with a loan officer by calling (719) 347-2013.

Table 1: Checking Account Comparison

Table 2: Savings Account Comparison

Table 3: Loan Rates Comparison

Disclaimer: Interest rates and fees are subject to change based on market conditions and individual creditworthiness. Please contact Farmers State Bank Calhan Co. for the most up-to-date information.