Bank · FDIC insured
Farmers Savings Bank
A $299.1M bank headquartered in Colesburg, IA, with 7 branches in Iowa.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- Savings700.05%1.00% with extra requirementsSavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers Savings Bank
Founded on January 26, 1907, in Colesburg, Iowa, Farmers Savings Bank was acquired by the Juergens Family in November 1964 and remains family-owned.
The bank has expanded its branch locations across Iowa to include Elkport, Strawberry Point, Arlington, Elgin, and Wadena.
- Headquarters
- 205 Main St, Colesburg, IA 52035
- FDIC certificate
- 14807 ↗
Branches
7 branches in Iowa
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Iowa
7 branches
Colesburg area · 1
- Farmers Savings BankMain office205 Main St, Colesburg, IA 52035Directions
Arlington area · 1
- Arlington Branch747 Main St, Arlington, IA 50606Directions
Elgin area · 1
- Elgin Branch241 Center St, Elgin, IA 52141Directions
Elkport area · 1
- Elkport Branch100 Grandview Road, Elkport, IA 52044Directions
Manchester area · 1
- Manchester Branch1200 Commercial Ct, Manchester, IA 52057Directions
Strawberry Point area · 1
- Strawberry Point Branch130 W Mission St, Strawberry Point, IA 52076Directions
Wadena area · 1
- Wadena Branch137 S Mill St, Wadena, IA 52169Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.99% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.87% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.85% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $71 | $81 | — |
- CapitalLeverage ratio10.99%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.87%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.85%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$71Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Farmers Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.