During times of uncertainty it’s important to know that your money is protected and well taken care of with the team here at Farmers & Stockmens Bank. By depositing your money with us, you have the comfort of knowing your funds are secured and insured by the FDIC. Withdrawing your money from the bank removes this level of protection.
Farmers & Stockmens Bank has put plans in place to help handle a wide range of emergencies so that our customers funds remain both protected and accessible at all times. In fact, every bank in the country is required by law to have disaster recovery and business continuity plans in place, including multiple backup systems.
We, and banks around the country, are regularly examined by the FDIC (our federal regulator) to make sure we have detailed and tested plans in place. These steps taken by the banks and the FDIC make the bank the safest place for your money.
Thanks to our technology- like online and mobile banking– you’re able to access your funds, make deposits, pay bills and send payments at anytime from anywhere.
While it may feel like we are in completely unprecedented times, as an industry we’ve learned lessons from previous natural disasters and health threats – including SARS, Ebola and H1N1. These previous situations have strengthened the banking industry’s ability to prepare for and minimize disruption due to outside, and sometimes uncontrollable forces.
We are here for you. No matter what.
We encourage you, our customers, to reach out to us and let us know if you or your business has been affected by the coronavirus. There are a wide range of programs being put in place to help weather the current storm created by this pandemic.
Announcements from the local, state and federal governments are being made daily regarding financial support during this tough time. Contact our team today if you have questions. We’re happy to do everything we can to help you.