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Farmers Savings Bank (Frederika, IA)

About Farmers Savings Bank (Frederika, IA)

Farmer's Savings Bank was chartered by the late attorney Fred Rewoldt, Sr., in 1926, after he gathered $20,000 in capital from his family and friends. He began doing business in the present post office building in Frederika with his wife, Martha, and his sister, Adelia Rewoldt, taking deposits from the teller windows. C.W. Pennington, Levi Hagdeorn, William Boeckmann, Charles Ladage and John Wendt met monthly as original bank directors to approve expenses, loans and investments.

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  • Type Fee National Average
  • Monthly Inactivity N/A
  • Non-Sufficient Fund (Overdraft) N/A 0
  • Stop Payment item N/A 0
  • Return Deposit N/A 0
  • Domestic Wire Transfer (Outbound) N/A 0
  • Domestic Wire Transfer (Inbound) N/A 0
  • Non-Bank ATM N/A