Farmers State Bank in Winthrop brings its customers the best of both worlds – rock solid security and old-fashioned customer service, as well as a cautiously progressive approach into banking conveniences of the 21st Century.
This friendly, family-owned bank has stood firm for over 100 years. State-chartered in 1915 to serve local miners and ranchers, Farmers was one of few banks to remain open through the Great Depression. During the 1930s, Farmers’ vault guarded gold bullion brought down from nearby mountain mines.
Over 50 years ago Frank Buell brought his own conservative Depression-Era survival skills from Seattle to Winthrop. Looking to walk away from hectic, huge demands as Executive Vice-President of Seattle-First National Bank, Buell and his wife Ann bought Farmers in 1964. They “retired” to lead the small bank in 1967.
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