Welcome To The Farmers Bank
It is a pleasure to welcome you to Farmers Bank and Savings Company.
We hope you find our site inviting and informative as you learn more about our
bank. Stay for awhile and browse. We're glad you are here.
Farmers Bank History
A
charter was granted in the name of The Farmers Bank and Trust Company on
August 6, 1904 by the Superintendent of Banks of the State of Ohio.
The Bank was organized on Court Street and it was opened to the
public for business on December 4, 1904.
In 1921 the name "Trust" was replaced by the word "Savings" in the
name of the Bank. The Bank had
steady growth from the beginning and reached the first million in deposits
in 1943.
During the history of
the bank, it has had five Presidents, namely, W. F. Reed, founder, Theodore
T. Reed, his son, Theodore T. Reed, Jr., his grandson, Paul E. Kloes,
interim president at the death of Theodore T. Reed, Jr., and Paul M. Reed,
the great grandson of the founder.
In 1963, plans were made for the
construction of a new facility.
In 1965 the property located on Second Street thru to Main Street was
purchased and seven buildings were torn down; in 1967, plans for the new
facility were approved and in 1968 construction began on what was to become
the future "home" of the Farmers Bank.
The location of the bank remained on Court Street until it moved to
its present location at 211 West Second Street, Pomeroy, Ohio, on April 1,
1969.
On August 30, 1985, a
one-bank holding company was formed known as Farmers Bancshares, Inc.
In May, 1987, the Farmers Bank acquired,
through purchase, the Tuppers Plains Branch of BankOne.
This purchase represented the first branch of the Farmers Bank and
enabled us to better serve the needs of Meigs County.
In 1995, the Farmers Bank purchased a lot on Upper River Road,
Gallipolis, for the purpose of branching into Gallia County, Ohio.
On March 25, 2003, the Mason, West Virginia, branch was
opened which was the first branch of the West Virginia Division.
On May 11, 2006, the Point Pleasant Branch was opened for business
which, to date, completes the West Virginia Division of Farmers Bank.
To date, the bank has
a total of 86 employees at all five locations and currently has 21 ATM’s to
serve the bank’s marketing area.
The bank celebrated its 105th birthday on August 6, 2009 and we are excited about
the future of the bank and the service it provides to the community - not
only bank-related services but community service thru our
employee/volunteers.
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