Welcome to Farmers State Bank
Allen, Oklahoma

580-857-2402

Farmers State Bank was originally established in 1922 in Clarita, Oklahoma, as a locally owned, rural community Bank.  It was later moved to Allen in 1927, and our status as an
independently owned and operated community bank has been maintained for almost a century.  It is in that atmosphere that we strive to serve you, our neighbors and friends, with complete and up-to-date banking products.

We are excited to add our internet banking service to complete your banking needs.  Farmers State Bank has a full line of loan and deposit products to assist you.  We offer commercial, agricultural, real estate and consumer loans at competitive interest rates and a variety of payment terms.  We also have an assortment of deposit accounts to fit your particular needs.

Here at Farmers State Bank we know that you have many choices when it comes to financial institutions.  We strive to be your best financial partner.  Our twelve Bank employees have a combined total of over 200 years experience in banking.  We are committed to putting that experience to work for you.

We are very proud of our customer service and believe that our customers are part of the  Farmers State Bank family.  We invite you to contact one of our friendly employees to assist you.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE

 COVERAGE FOR NONINTEREST BEARING TRANSACTION ACCOUNTS

By operation of the federal law, beginning January 1, 2013 funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013 all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposi insurance ownership category.

(The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.)