Are Farmers State Bank deposit accounts FDIC insured?
A Yes! Each depositor at Farmers State Bank is insured by the FDIC up to $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor. Coverage is based on account ownership.