Farmers & Merchants State Bank is a bank based in Waterloo, Wisconsin, established in 1897, with $246 million in total assets across 3 branches. By Trust Grade it ranks 88th of 154 banks we track in Wisconsin. Its capital ratio of 10.6% is stronger than 57% of similarly sized banks, versus a Wisconsin median of 10.4%. It was profitable over the most recent period, with a 0.81% return on assets. No consumer complaints against Farmers & Merchants State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers & Merchants State Bank compares to Wisconsin peers
How we graded Farmers & Merchants State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.6% capital ratio)
- Profitable (ROA 0.81%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers & Merchants State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 218 W Main St, Marshall, WI 53559
- 550 W Tyranena Park Rd, Lake Mills, WI 53551
- 210 W Madison St, Waterloo, WI 53594
Are deposits at Farmers & Merchants State Bank insured?
Yes. Farmers & Merchants State Bank is an FDIC-insured bank (FDIC certificate #13242). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Farmers & Merchants State Bank: frequently asked questions
Is Farmers & Merchants State Bank a good bank?
Farmers & Merchants State Bank earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (10.6% capital ratio); Profitable (ROA 0.81%).
Is Farmers & Merchants State Bank FDIC-insured?
Yes. Farmers & Merchants State Bank is a FDIC-insured bank (FDIC certificate #13242). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers & Merchants State Bank?
Farmers & Merchants State Bank holds $246 million in total assets, ranking 88th of 154 banks we track in Wisconsin. It operates 3 branches.
Does Farmers & Merchants State Bank have CFPB complaints?
No CFPB complaints against Farmers & Merchants State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
