Farmers Savings Bank of Traer A Historic Local Bank
The Farmers Savings Bank of Traer traces its founding to 1919 with a charter issued in 1921 and initial capital of 550,000. Early leaders included A J McGovern and James A Dinsdale, followed by presidents Logan Earley McMillan and Mew, with Otto Moeller as cashier. The bank originated in the W J Green Meat Market building, moved to a new drive in facility in 1961, and in 1970 expanded into the former Colonial Cafe site. A remodeling project underway aims to modernize with brick and steel facades and increased parking.
MENTIONED IN THIS ARTICLE
A. J. McGovern
James A. Dinsdale
William Logan
J. G. Podhajsky
Charles Paustian
A. J. Danker
William Balfour
Wm. Logan
Frank C. Earley
Albert McMillan
T. R
W. J. Green Meat Market
Farmers Mutual Insurance Association
Traer
Co-op Creamery
2Nd Street
Bank
Tama County
Washall
Second Street
First Bank
Green Market
Farmers Savings Bank
John
Tom McWhirter
Farmers Savings Bank Surges To 14 Million In Assets
In a century tone statement Otto Moeller notes deposits rose from 500000 to 750000, and by 1961 Farmers Savings assets reached 4103807.87. Now assets stand at 14000000, a ten million growth in under twelve years. The bank pledges ongoing progress and modern services in its second century.
MENTIONED IN THIS ARTICLE
Otto Moeller
Farmers Savings
Also Mentioned on This Page
Moeller
Otto
Inter Otto
William G. Podhajsky
Don Gates
Tract
Iowa
United States
Total
War ™ M
Wm. G. Podhajsky
T. R. McWhirter
Donald I. Gates
Fred Lineberry
V. P
Darlyl M. Hulme
Gary A. Kruse
Ruth Perry
Delores J. Philp
Doris B. Wilson
Verona
M. Staker
Barbara M. Wacera
James H. Young
Fee
Federal Deposit Insurance Corporation
F. D.I. Co
Robert Powell
Rk. J. Podhajsky
RAI Ik
Traer, Iowa