Located in Scotland, South Dakota, the Farmers and Merchants State Bank was chartered and began operations on September 7, 1920. The bank is located in its original location built in 1919 at 550 Main Street. The structure was extensively remodeled in 1972 with an addition being added in 1991 along with interior updates. Farmers and Merchants State Bank currently has ten full time staff members with six board members. The Farmers and Merchants State Bank offers Regular Checking, NOW Checking, SUPER NOW Checking, Business Checking, Passbook Savings, Certificates of Deposit, IRA's, Consumer/Personal Loans, Residential/Home Improvement Loans.
Farmers and Merchants State Bank
550 Main Street
PO Box 367
Scotland, SD 57059
Ph: 605.583.2234
Toll Free: 888.269.1186
Fax: 605.583.4205