Nearly 25% of Americans don't use a bank to manage their finances. As a result, they are often the victims of money services like payday loans or other cash advancements.
Out of those who are banked, a large percentage say they are unhappy with their current bank. But financial services are available to everyone, regardless of income level. And everyone needs a bank they can trust.
At Farmers Bank Idaho, we strive to provide our clients with the best financial products and services along with the highest level of service. Our goal is to treat every client like family, not like an account number.
Are you currently searching for a new bank that can meet all your needs, while providing the lowest interest rates and fees? Keep reading our Farmers Bank Idaho guide below to see how we can make managing your finances as simple and rewarding as possible.
Conveniently Serving Idaho Residents
There are currently six Farmers Bank Idaho locations in south-central Idaho, otherwise known as the Magic Valley. You can branches in Buhl, Jerome, Twin Falls, and Wendell.
We take pride in serving our local communities. While more banking is completed online, we are always available during the week in our lobby or at our drive-up windows. You can also find Farmers Bank ATM locations for easy withdraws and deposits at any time.
Our goal is to not simply provide products and services to those who make our communities so special but to also take an active role in our local neighborhoods. We want to see our towns flourish, economic activity increase, and residents succeed.
Wide Range of Financial Products
When it comes to financial management, Farmers Bank has everything you need to succeed. We have numerous checking accounts available, ranging from fee-free checking accounts (with e-statements) to interest-bearing checking accounts.
Savings accounts earn 0.12% APY and have no minimum balance requirements. The account is free to maintain as long as you retain a balance of at least $50.
Our customers also love the Farmers Bank credit card. This Visa credit card earns cash back on all purchases. And you get to choose how to redeem that cash. You can redeem the points for travel expenses or redeem them for gifts or gift cards.
There's no annual fee for holding the credit card if you also have a Farmers Bank Tradition Checking Account.
Farmers Bank Idaho Investment Opportunities
Looking to our your money to work? At Farmers Bank, you can open a certificate of deposit (CD) and earn interest rates ranging from 0.15% to 0.55%, depending on how long you elect to store your funds.
You can also open an individual retirement account (IRA), which can be used as your main retirement savings plan, or in addition to other accounts that you may already have.
Farmers Bank Idaho Loans
Need a loan for your dream home in Idaho? Or are you looking to finance a new car purchase, or start a business? Farmers Bank has many loan programs available.
Consumer loans can be used for purchases like cars or recreational vehicles. For business owners, we offer SBA loans and commercial loans. We proudly offer agricultural loans as well, just as we have since our inception in 1917, when our founders saw the potential that the Magic Valley had for crop production.
And with a wide range of mortgage loan offerings, almost anyone can buy a home with Farmers Bank.
We offer conventional mortgages, refinancing, and low-down-payment mortgage programs such as FHA and VA. Our one-time close construction loans streamline the process and building your house.
We also offer a wide variety of in-house mortgage options. Regardless of your goals or current financial situation, we have a loan option for you.
Farmers Bank Idaho Merchant Services
If you take payments from customers on a daily basis, you know how critical it is to process transactions without friction. Farmers Bank offers merchant services helping you to collect payment at the POS, take payments online, process transactions via a touchpad on the phone, and much more.
Ensure your customers have a smooth interaction with your business by taking advantage of the latest payment processing technology through Farmers Bank.
Stay Up to Date With Electronic and Mobile Banking
Staying within your budget is much easier to do when you can check your balance at any time. In our day in age, electronic and mobile banking is a must.
Farmers Bank makes it easy to log into our online portal and manage your bank accounts and loans through one easy dashboard. You can also download our mobile app to handle the same tasks on the go.
Check balances, transfer funds, make loan payments, and deposit check remotely at any time. You can also send money directly to friends and family using Zelle.
Farmers Bank Idaho History
So why should you choose Farmers Bank? We have been serving our local communities in the Magic Valley since 1917. J.C. Hamilton began working at the bank in 1918 and proceeded to invest all he had into the bank and into the local community.
With a firm belief in the valley, multiple generations of Hamilton's have kept Farmers Bank moving forward. In 2005, the latest succession took place, as our current president, Mike Hamilton, began his presidency of Farmers Bank. And in 2014, the 4th generation of Hamiltons officially joined the team.
We understand that the key to success is treating everyone like family. Just as our family has given everything to keep the tradition of Farmers Bank alive here in the Magic Valley.
Stop Into Your Local Farmers Bank Branch Today
At Farmers Bank Idaho, our goal is to make it as easy and convenient as possible for you to take control of your finances and to see your dreams come true. Every product and service we offer is intended to make our communities a better place.
We are happy to answer any questions you have about any of our products and services. Stop into your local Farmers Bank branch location today to open your first account.