Established on March 21, 1921, Farmers State Bank initiated its journey with a state charter and a group of 35 stockholders who brought together a capital of $30,000. The original board of directors of the bank consisted of F. McClatchey, H.E. Culver, S.M. Thompson, C.R. Hemphill, and C.H. Erb. The elected officers were William Cordis, President; W.H. Burchfield, Vice President; Guy E. Heater, Cashier; and W.R. Hitchens, Assistant Cashier.
Situated on the vibrant Main Street in Yale since its inception, our building bears history. Following a destructive fire in 1928, we rebuilt our premises with a firm foundation and an investment of $15,000. Since then, it has undergone significant renovations in 1967 and 2009 to cater to modern banking needs while preserving its historic essence.
During the harsh times of the Great Depression, we stood resilient, being the solitary bank in Guthrie County to resume operations post the 1933 Bank Holiday, a testament to our stability and enduring trust from our patrons.
A peculiar chapter from our history unfolded on an October morning in 1931, when two burglars broke into our facility, leading to a series of unexpected events involving stolen getaway cars and a vigilant community that eventually brought them to justice.
Celebrating a rich heritage and a journey marked with unwavering trust and resilience, we stand today as a beacon of reliability and community service in Guthrie County, with a commitment to nurturing growth and fostering secure financial futures for our patrons.