Farmers State Bank is here to serve the needs of our community through the products we offer and the service we deliver. Check out our wide array of accounts and services to meet your needs.


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Certificates of Deposit


Certificates of Deposit
Interest Rate
Annual Percentage Yield
6 Months
12 Months
18 Months
24 Months
30 Months
42 Months
60 Months

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Debit Cards

The following disclosures apply to your card:

1. Use of Your Card.

a. Account Access. Some of these services may not be available at all terminals. You may use your card to:

i. Withdraw cash from the account(s) you have selected.

ii. Transfer funds between the accounts you have selected.

iii. Inquire for balances of the account(s) you have selected.

iv. Pay for purchases at places that have agreed to accept the MasterCard.

Your Debit MasterCard may not be used to engage in illegal activity and online gambling where illegal in your jurisdiction.

b. Limitations on Frequency of Transfers.

i. You may withdraw cash up to 9 times per day with your Debit MasterCard.

ii. For security reasons, there are other limits on the number of transactions you can make using ATM terminals and point of sale transfer service.

c. Limitations on Dollar Amount of Transfers

i. You may withdraw up to a total of $200.00 per day from ATM terminals; however, the amount will not exceed your available balance.

ii. You may buy goods and services worth up to $500 per day with your Debit MasterCard each banking day, however, the amount may not exceed your available balance.

2. Documentation of Transfers.

a. Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our terminals.

b. Periodic Statements. You will get a monthly account statement unless there no transfers in a particular month. In any case you will get the statement at least quarterly.

3. Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

a. If, through no fault of ours, you do not have enough money in your account to make the transfer.

b. If the funds are subject to legal process or other encumbrances restricting a transfer.

c. If the terminal where you are making the transfer does not have enough cash.

d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.

e. If circumstances beyond our control (such as fire or flood) prevent the transfer despite reasonable precautions that we have taken.

f. There may be other exceptions stated in our agreement with you. In no event will we be liable for more than actual damages proved if any failure of our unintentional, and resulted from a bona fide error, notwithstanding the maintenance of procedures reasonably adopted to avoid such an error.

4. Charges:

a. You will not be charged for transactions conducted at the Farmers State Bank ATM terminal.

b. For transactions conducted at other ATM terminals, Farmers State Bank will assess a $1.50 charge. Farmers State Bank's replacement card fee is $5.00.

c. NOTICE REGARDING ATM FEES BY OTHERS. If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/ or by an automated transfer network.

d. NON U.S. TRANSACTIONS. Transactions made in currencies other than U.S. Dollars will be converted to U.S. Dollars under the then current regulations of MasterCard and Visa.

Those regulations currently provide that the conversion rate may be either the wholesale market rate or government mandated rate in effect the day MasterCard or Visa processes the transaction. Conversion may occur on a date other than the date of the transaction, which may affect the conversion rate used. Transactions made in a country other than the United States will be assessed a 0% percent foreign transaction fee by us. The foreign transaction fee will be assessed on all foreign transactions, even transactions that do not require the currency to be converted.

5. Account Information Disclosure. We will disclose information to third parties about your account or the transfers you make:

a. Where it is necessary for completing transfers, or

b. In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant, or in order to comply with government agency or court orders, or

c. If you give us your written permission.

6. Liability for Unauthorized Use.

a. Notification Requirement. Tell us AT ONCE if you believe your card has been lost or stolen. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account. If you tell us within two business days, you can lose no more than $50.00 if someone used your card without your permission. If you do NOT tell us within two business days after you learn of the loss or theft of your card and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, tell us at once.

b. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as long trip or hospital stay) kept you from telling us, we will extend time periods.

c. Address and Telephone Number. If you believe your card has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call us at (402) 585-4441 or write us at Farmers State Bank 501 Main St., PO Box 195 Carroll, NE 68723-0195

d. Business Day Disclosure. Our days include everyday other than Saturday, Sunday or one of the Federal Holidays.

7. Liability for Unauthorized Debit MasterCard Point of Sale Debit Card Transaction.

a. Tell us AT ONCE if you believe your Debit MasterCard has been lost or stolen or of any unauthorized transaction. Your liability for unauthorized use of your Debit card with the MasterCard logo when it is used as a MasterCard point of sale Debit card will not exceed zero dollars (0.00) liability. We may require you to provide a written statement regarding claims of unauthorized Debit MasterCard point of sale debit card transactions.

b. These provisions limiting your liability do not apply to MasterCard Commercial Cards transactions; and apply only to cards issued in the United States. With Respect to unauthorized transactions these limits may be exceeded to the extent allowed under applicable law (see liability for Unauthorized Use paragraph above) only if determined that you were grossly negligent or fraudulent in handling your account or point of sale debit card. To notify us of lost or stolen card, or of unauthorized transactions, call or write to us at the telephone number or address set forth below. This will help prevent unauthorized access to your account and minimize any inconvenience.

In case of errors or questions about your Electronic transfers, call us at (402) 585-4441 or write us at

Farmers State Bank, 501 Main St.,
PO Box 195,
Carroll NE 68723-0195,

as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

i. Tell us your name and account number

ii. Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.

iii. Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days. We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or questions. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or questions in writing and we do not receive it within 10 business days, we may not credit your account. For errors involving new accounts, point of sale, or foreign-initiated transaction, we may take up to 90 days to investigate your complaint or questions. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. We will tell you the results within 3 business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.


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