Farmers Savings Bank Milford Iowa: Location, and Banking Guide
Farmers Savings Bank serves customers in Milford, Iowa, through a local branch on Okoboji Avenue. The institution also operates offices in Fostoria and Spirit Lake.
The bank has served Iowa communities since 1916 and maintains a strong focus on personal relationships. Its services include checking, savings, loans, mortgages, agricultural financing, and business banking.
This guide covers the Milford branch, its banking services, routing information, history, and digital banking options.
Farmers Savings Bank Milford Iowa At A Glance
The Milford branch provides convenient access to the bank’s personal and business banking services. It is located at 2121 Okoboji Ave., Milford, Iowa 51351.
The branch can be reached at 712-338-4800 during its operating hours. The institution’s routing number is 073919005.
Milford Branch Details
Here are the main details customers may need when looking for the Milford office:
- Bank: Farmers Savings Bank
- Branch: Milford
- Address: 2121 Okoboji Ave., Milford, IA 51351
- Phone: 712-338-4800
- Routing Number: 073919005
- FDIC Certificate: 18284
- Main Office: Fostoria, Iowa
- Bank Type: State-chartered commercial bank
- FDIC Insurance: Yes
The bank’s main office is located at 10 Highway Avenue NW in Fostoria, Iowa.
Where Is Farmers Savings Bank In Milford?
The Farmers Savings Bank Milford branch is located on Okoboji Avenue. Its location provides banking access for residents and businesses around Milford and the Iowa Great Lakes area.
Customers can visit the branch for account assistance, banking transactions, lending questions, and other services.
Milford Branch Address
The current Milford address is:
Farmers Savings Bank
2121 Okoboji Ave.
Milford, IA 51351
The branch is part of the institution’s three-office network serving communities in northwest Iowa.
Milford Branch Hours
The Milford office provides lobby and drive-up banking during different hours.
The lobby is generally open Monday through Friday from 8:30 a.m. to 4:00 p.m. The drive-up service operates Monday through Friday from 7:30 a.m. to 5:00 p.m.
Drive-up service is also available on Saturday from 7:30 a.m. to 11:00 a.m. Customers should verify holiday schedules before making a special trip.
Contact Information
The Milford branch phone number is 712-338-4800. Customers can use this number for questions about accounts, loans, branch services, and other banking needs.
The main Fostoria office can be reached at 712-262-2708.
Farmers Savings Bank History
Farmers Savings Bank has a history dating back more than a century. The institution was chartered on August 24, 1916, and opened for business in Fostoria on September 11 of that year.
The original organization was established by local farmers who pooled their resources to create a community financial institution. Its original capital was $15,000.
Founding In Fostoria
The bank began with a strong connection to the agricultural community around Fostoria. This background remains relevant because agricultural lending continues to be one of its service areas.
The institution also remained open through the Great Depression without undergoing a reorganization closure. Its long operating history is a notable part of its local identity.
Expansion To Milford
Farmers Savings Bank expanded into Milford in 2002. A temporary location opened in Lakeland Square during June of that year.
The bank later built a permanent Milford facility. That location began operating during the first week of January 2004.
The expansion allowed the institution to serve customers in Milford while maintaining its Fostoria headquarters.
Simington Family Leadership
The Simington family has had a long association with the bank. Brad Simington serves as president, while the institution continues to emphasize local ownership and community relationships.
Its history reflects the traditional community-bank model, where local customers, farmers, families, and businesses can work directly with banking staff.
Banking Services Available
Farmers Savings Bank provides services for individuals, families, farmers, and businesses. Customers can choose from deposit accounts, lending products, and digital banking services.
The bank’s offerings also cover several financing needs, including agricultural and residential lending.
Checking And Savings
Personal customers can access checking and savings products for everyday banking needs. Certificates of deposit are also available for customers seeking fixed-term deposit options.
Other account-related services include debit cards, electronic statements, online banking, and mobile banking.
Customers comparing local institutions may also research other community-focused options, such as banking services from First National Bank of Gillette Wyoming, although that institution serves a different market.
Loans And Mortgages
The bank provides several consumer lending options for personal purchases and expenses. Financing may cover vehicles, recreational equipment, trailers, debt consolidation, and other needs.
Home lending includes mortgages, refinancing, construction financing, home equity loans, and home equity lines of credit.
Mortgage staff can assist borrowers from the application process through closing.
Agricultural Lending
Agricultural financing is an important part of the institution’s banking model. Its history is closely connected with local farmers, and the bank continues to provide financing for agricultural operations.
Agricultural loans can support farmland purchases, farm expansion, equipment, livestock, and operating expenses. The institution also provides agricultural worksheets to help customers prepare financial information.
Business Banking
Business customers can use the bank for deposit accounts, credit cards, commercial financing, and other banking needs. Its local approach can be useful for businesses seeking direct communication with banking staff.
Commercial lending also complements its agricultural financing services. Local businesses can discuss their financing needs with lenders familiar with the surrounding communities.
Online And Mobile Banking
Farmers Savings Bank provides online banking for customers who want to manage accounts without visiting a branch. Digital services extend several routine banking functions beyond regular lobby hours.
Customers can also use the institution’s mobile application for account management.
Online Banking Login
Customers can access online banking through the institution’s website. Online access allows users to review account information and complete common banking tasks.
Digital banking can reduce the need to visit the Milford branch for routine transactions. Customers should use the bank’s official website when entering login credentials.
Mobile App
The mobile banking application provides access to accounts from compatible smartphones and other supported devices. Customers can check balances, review transactions, and transfer funds.
The application also supports mobile deposits and other account-management features. Online banking enrollment is required for access to the mobile application.
Mobile Deposit And Bill Pay
Mobile deposit allows customers to submit eligible checks through their mobile devices. Bill Pay provides another way to manage recurring and one-time payments electronically.
Customers can also view check images and access electronic statements through digital banking. Debit-card controls and travel notices are among the other available mobile features.
Routing Number And FDIC Information
Banking customers may need the correct routing number when setting up direct deposits, transfers, electronic payments, or other financial transactions.
Because several unrelated institutions use similar names, customers should confirm that the routing information matches the Iowa bank.
Routing Number
The routing number for Farmers Savings Bank in the Fostoria and Milford, Iowa market is 073919005.
Customers should confirm routing details with the institution before initiating an important transfer. This is particularly useful when setting up direct deposit or recurring electronic payments.
For additional information about another institution’s banking registration, readers can also review Uncle Sam’s Register Bank as a separate banking reference.
FDIC Insurance
Farmers Savings Bank is FDIC insured under certificate number 18284. The institution has held FDIC insurance since August 4, 1960.
The bank is a state-chartered commercial bank and operates as a federal nonmember institution. The FDIC serves as its federal banking regulator.
Other Farmers Savings Bank Locations
The Milford branch is one part of the institution’s current Iowa network. The bank’s official location information lists offices in Fostoria, Milford, and Spirit Lake.
Fostoria Office
The main office is located at:
10 Highway Avenue NW
Fostoria, IA 51340
The Fostoria office remains the institution’s headquarters and historical home.
Milford Office
The Milford branch is located at:
2121 Okoboji Ave.
Milford, IA 51351
This office opened as part of the bank’s expansion into Milford during the early 2000s.
Spirit Lake Office
The bank also operates an office at:
1109 18th St.
Spirit Lake, IA 51360
The Spirit Lake expansion added another location in the Iowa Great Lakes region and broadened the institution’s local presence.
Why Customers Search For The Milford Branch
The Milford branch serves customers who want access to a local community bank with both traditional and digital services. Its location is particularly relevant to residents and businesses in the surrounding Iowa Great Lakes area.
Local Banking
Local banking can provide customers with direct access to branch employees and lending staff. Farmers Savings Bank’s history shows a long-standing focus on communities around its Iowa offices.
The institution’s local ownership and agricultural roots also distinguish it from many large national banking organizations.
Agricultural And Business Services
Farmers and business owners can access financing designed around commercial and agricultural needs. These services complement the institution’s personal deposit and lending products.
Customers can also use online and mobile tools for routine account management. This combination provides both in-person support and digital access.
Frequently Asked Questions
Where Is Farmers Savings Bank In Milford Iowa?
Farmers Savings Bank’s Milford branch is located at 2121 Okoboji Ave., Milford, IA 51351. The branch phone number is 712-338-4800.
What Is Farmers Savings Bank Milford Iowa’s Routing Number?
The routing number is 073919005. Customers should confirm this information with the bank before initiating important electronic transactions.
What Are The Milford Branch Hours?
The Milford lobby is generally open Monday through Friday from 8:30 a.m. to 4:00 p.m. Drive-up service has longer weekday hours and Saturday availability.
Is Farmers Savings Bank FDIC Insured?
Yes. Farmers Savings Bank is FDIC insured under certificate number 18284. Its FDIC insurance dates back to August 4, 1960.
Does Farmers Savings Bank Offer Online Banking?
Yes. Customers can use online banking and a mobile application to review accounts, transfer funds, deposit checks, pay bills, and manage other routine banking activities.
Final Takeaways
Farmers Savings Bank in Milford, Iowa, is a community bank with roots dating to 1916. Its Milford branch has served customers since the institution expanded into the community in 2002.
The branch provides personal and business banking, lending, agricultural financing, mortgages, and digital banking services. Its 2121 Okoboji Ave. location and 712-338-4800 phone number make it easy for local customers to access branch assistance.
The institution also maintains offices in Fostoria and Spirit Lake. Customers searching for its routing information should use 073919005 and confirm transaction details with the bank before submitting important payments or transfers.