Cannabis Banking Map

Farmers Bank & Trust

“In 1906, T.S. Grayson and Robert Warnock, Sr. had a vision – to establish a community-focused bank, Right in the HEART of Magnolia, Arkansas, with the very simple goal of helping their friends and neighbors find financial solutions for a lifetime. Out of that vision, Farmers Bank & Trust Company was chartered. Five generations and over $2 billion in assets later, Farmers has expanded into communities across Arkansas, Texas, and Oklahoma. The vision may have grown, but that simple goal remains the same…it’s the HEART of who we are and how we serve.”

Cannabis Banking Services

States Served:

  • Arkansas; Colorado; Kansas; Louisiana; Missouri; Mississippi; New Mexico; Oklahoma; Tennessee; Texas

 

Official cannabis banking page: NA

 

Media coverage: NA

FDIC or NCUA Insured?

Yes (FDIC link).

  • FDIC certificate number: 1291
  • FDIC insured since: 01/01/1934

Bank Health Rating

DepositAccounts.com Rating: link

  • DepositAccounts considers several health grade components:
    • Texas Ratio (measuring bank credit risk);
    • Texas Ratio trend;
    • Deposit growth;
    • Capitalization (difference between bank assets and liabilities).