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COVID-19

Effective Monday, March 16, 2020, we ask that our customers use our online and mobile banking options, as well as our ATMs, phones, and drive-up locations in Munith, Stockbridge, and Grass Lake, MI. We will still have normal banking hours but our lobbies will be closed until further notice. Call 517-985-1062 for more information.

Ownership

Farmers State Bank has about 265 stockholders, most of whom are local residents or have a local business interest. The stock is not traded publicly. Occasionally, some shares are made available for sale to those who have asked to be included on a list of potential purchasers. Contact the Chairman's office at our Munith location for more information.


Directorship

The Board of Directors is composed of 6 directors. Two of the directors work inside the bank as bank officers. The other four are engaged in a variety of careers including the practice of law, residential construction, veterinary medicine, and a funeral home proprietor. Directors are elected each year by stockholders at the annual stockholders meeting and serve for a term of one year or until the next annual meeting of the stockholders.