Ribbon Cutting Held for New Farmers Bank & Trust Location

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Texarkana TX 75503
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Ribbon cutting held for new Farmers Bank location in Texarkana Texas.

Farmers recently moved across the street on the corner of Richmond Road and Moores Lane. The official ribbon cutting was held just before noon today. Farmers employees from around the area joined the Richmond Road crew in dedicating the new facility.

The full service bank provides much more space for customers and employees alike.

Farmers has 4 locations in Texarkana, including this one at 5600 Richmond Road. The other Texarkana locations are 2900 St.Michael Drive, 3601 East Ninth Street, and 1102 Arkansas Boulevard. There is also a New Boston location at 416 North McCoy Boulevard.

The family owned banking institution says on it’s website that it was chartered on September 26, 1906, and has been in operation since its inception. Farmers Bank is an independent community bank and operates out of a one bank holding company, Magnolia Banking Corporation. The Bank operates the subsidiary called Magnolia Properties, Inc.

al capone statue swipped hot springsSince its inception, the Bank’s primary mission has been to serve the banking needs of its communities. Being the oldest and most firmly established bank in its market, Farmers Bank & Trust has built a reputation of conservative soundness that has served it well. Through the years, FB&T has enjoyed a reputation of strong integrity and honesty that has enabled the Bank to gain increased market share in the local banking market.
The oldest existing general ledgers indicate that the Bank began in 1906 with approximately $75,000 in assets. The primary business of the Bank at the time was deposit services. Today, the Bank has assets of approximately $1.3 billion and offers a wide variety of products and services to serve the needs of its communities.

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