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Farm Bureau Bank FSB

Mission statement:

Farm Bureau Bank will be the Bank of Choice for Farm Bureau Members by offering a superior combination of products, service, delivery and communication.

Overview:

Farm Bureau Bank FSB is a wholly owned subsidiary of FB BanCorp and organized under federal law as a Federal Savings Bank. The Office of Thrift and Savings (OTS) is the primary federal regulator of Farm Bureau Bank, and the Federal Deposit Insurance Corporation (FDIC) has back-up regulatory authority. Farm Bureau Bank has the authority to exercise all powers available to Federal Savings Banks.

History:

In March 1998 FB BanCorp was organized as a general business corporation under Nevada law. FB BanCorp received its equity capital from 40 Farm Bureau State Federations and Insurance Company investors to support the formation of Farm Bureau Bank FSB.

On July 12, 1999, Farm Bureau Bank FSB received its FDIC insurance and opened its doors, paving the way for a new and exciting way for Farm Bureau members to bank.

As of March 2009, Farm Bureau Bank was operating with over $567 million in assets.

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