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What is Farmers Savings Bank mean?
Farmers Savings Bank is a historic building located in Salem, Iowa, United States. Built in 1916, it replaced a building destroyed by fire the year before. The following banks operated here: Farmers Savings Bank (1916-1933), Farmington State Bank (1936-1944), Des Moines Valley State Bank (1944-1955), State Central Savings Bank (1955-1957), Hillsboro Savings Bank (1957-1976), Hawkeye Bank and Trust (1976-1992). In 1992 Hawkeye Bank and Trust donated the building to the American Legion, who sold it to Anthony and Connie Kramer in 2000. They remodeled the single-story, brick, Neoclassical structure for their home. It was listed on the National Register of Historic Places in 2010.
Farmers Savings Bank was one of ten banks in Iowa that was taken over by the state banking department on January 25, 1933, and reopened under a new state law. State Central Savings Bank was robbed in 1955.
referencePosted on 26 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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