What Does Farmers State Bank Do?

Total employees35
HeadquartersWaterloo
Founded1914

Farmers State Bank is a community-focused financial institution dedicated to serving the residents and businesses of Waterloo and Valmeyer, Illinois. Established in 1914 with a commitment to local values and personalized service, the bank offers a comprehensive suite of banking products, including checking and savings accounts, mortgage and personal loans, business banking solutions, and convenient online and mobile banking services. Farmers State Bank prides itself on building long-term relationships with its customers and contributing to the economic well-being of the communities it serves.

Where Is Farmers State Bank's Headquarters?

HQ Function

Serves as the primary operational center and main branch, housing bank administration, customer service, loan processing, and core banking operations.

Notable Features:

Located on Main Street, reflecting its central role in the community. A traditional bank building designed to be welcoming and secure, fostering direct community engagement.

Work Culture:

A customer-focused and community-oriented work environment, emphasizing personalized service, teamwork, and local engagement. Employees are often members of the community they serve, fostering a sense of trust and familiarity.

HQ Significance:

The headquarters is central to the bank's identity and operations, serving as the primary point of contact for many customers and the hub for strategic decision-making for its service area in Monroe County.

Values Reflected in HQ: Stability, community commitment, accessibility, personalized customer service, and trustworthy financial stewardship.

Location:

Farmers State Bank is a community bank primarily focused on serving Waterloo, Valmeyer, and the surrounding areas in Illinois. It does not maintain an international operational presence or branches outside its designated service region. However, its online and mobile banking services allow existing customers to manage their accounts from anywhere with internet access.

Street Address:

109 S. Main St.

City:

Waterloo

State/Province:

IL

Country:

USA

Where Else Does Farmers State Bank Operate Around the World?

Valmeyer, IL, USA

Address: 212 S. Main St., Valmeyer, IL 62295

To extend accessible banking services and support the financial needs of individuals, families, and businesses in Valmeyer and the surrounding rural areas, ensuring local access to financial resources.

Waterloo, IL, USA

Address: 501 N. Market St., Waterloo, IL 62298

To provide enhanced convenience and quick-service banking options for customers in Waterloo, particularly for vehicle-based transactions.

Buying Intent Signals for Farmers State Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Farmers State Bank? Meet the Executive Team

As of April 2025, Farmers State Bank' leadership includes:

Steven M. Loterbauer - President/CEO
Diane M. Wiles - Sr. Vice President
Sherri L. Schilling - Vice President / Cashier
Amy S. Gummersheimer - Assistant Vice President
Julie M. Sebella - Assistant Vice President

Who's Investing in Farmers State Bank?

Farmers State Bank has been backed by several prominent investors over the years, including:

Farmers State Bank (Waterloo, IL) is a community bank and is privately held. Its ownership is not publicly traded and typically resides with local shareholders or as a mutual institution, rather than having external institutional investors.

What Leadership Changes Has Farmers State Bank Seen Recently?

Hire0
Exits0

Information regarding executive new hires or exits at Farmers State Bank (Waterloo, IL) is not typically disseminated through widespread public announcements. Such changes are generally communicated through local channels, internal updates, or filings if applicable. No prominent public news items regarding executive team changes were found in the last 12 months.

What Technology (Tech Stack) Is Used byFarmers State Bank?

Discover the tools Farmers State Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Farmers State Bank Email Formats and Examples

Farmers State Bank (Waterloo, IL) likely utilizes a common email format for its employees based on their names and the company domain 'fsbwaterloo.com'. A frequently used pattern is the first initial followed by the last name.

[first_initial][lastname]@fsbwaterloo.com

Format

sloterbauer@fsbwaterloo.com

Example

70%

Success rate

What's the Latest News About Farmers State Bank?

fsbwaterloo.com2023-11-21

Farmers State Bank Warns of Text Message Scam

Farmers State Bank issued a fraud alert regarding a text message scam impersonating the bank, advising customers not to click on suspicious links or provide personal information via text....more

fsbwaterloo.com2023-09-20

Farmers State Bank Receives BauerFinancial 5-Star Rating for Financial Strength

Farmers State Bank announced it has once again earned a 5-Star Superior rating from BauerFinancial, Inc., the nation’s premier bank rating firm. This top rating signifies excellence in financial strength, stability, and sound banking practices....more

fsbwaterloo.com2023-08-30

Farmers State Bank Voted #1 Bank in Monroe County Independent Reader's Choice Awards

Farmers State Bank expressed its gratitude to the community after being voted the #1 Bank in the Monroe County Independent Reader's Choice Awards, highlighting their ongoing commitment to superior customer service and community banking....more

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