Farmers State Bank E Main St, Elmwood

Jennifer Beard is outstanding. Having several rental properties, it has been a challenge to find a lender who takes time to understand your goals and plans for the future. The first time I met Jennifer, she sat down and discussed creative ways to help my business grow. I have worked with other banks over the years, and Jennifer and the team at Farmers State Bank have been incredible, the best to have as part of your business team. I have recommended FSB to family, who have also had great success. Thank you, Jen for your dedication and willingness to go above and beyond to meet the needs of your clients.

They always take care of all our banking needs. The on line banking works great. All the staff is super nice and extremely efficient in performing their duties. I would never take my banking business anywhere else.

Went in for a home mortgage loan and things started rough from day one. Made an appointment with the loan officer who FORGOT he had an appointment and was elsewhere. Quoted us a 3.5% interest rate and got to work. Few days later, he said he'd get to us and our realtor about the finer details. One week later, no word from him at all. Called in numerous times and never got a hold of this guy. Supposedly he got an appraisal ordered which he never communicated and then after numerous calls, he FINALLY sent us papers to sign for the loan. In the papers, the bank tried to slide in an interest rate of 5%, and asked cosigners to put up hundreds of thousands of dollars worth of land as collateral on a house worth less than a hundred grand and asked for $2500 closing costs. Shady business run by slow-moving small bank. Went to Better Banks in Bartonville for instantly lower rates (under 3% interest rate balloon for first 5 years) with closing costs of only $1000, ordered for an appraisal right away, was told could be all done within 2 weeks. Not sure if farmers get completely different deals, but I would definitely not recommend this bank for home mortgaging.

Jennifer is a terrible bank President. Stay away from this bank at all cost.

Very nice staff, know me by name.