Community Bancshares Corp

Established in 1931, State Bank of Bussey is a full-service financial institution that offers a range of banking services. The bank provides a variety of Internet and phone banking services. It offers ATM, debit and credit cards. The bank offers personal, consumer and home equity loans. It provides loans for automobiles, equipment and recreational vehicles. The bank offers checking and savings accounts. It provides certificates of deposit and business money market accounts. The bank deals in fixed- and adjustable-rate mortgages. It is a member of the Federal Deposit Insurance Corporation. State Bank of Bussey manages a staff of accountants, managers, cashiers and support personnel.

Founded by Mr. N. E. Kelley and operating under a charter dated May 2, 1934, the Farmers & Merchants National Bank opened its doors on May 4, 1934 on the Northwest corner of the Winterset square. On July 9, 1938, a new charter was issued and the name was changed to Farmers & Merchants State Bank. The former First State Bank of Adair County located in Orient, Iowa was acquired on August 10, 1938. Also acquired on that date was the J. F. Johnston bank of St. Charles, Iowa. On April 28, 1980, Farmers & Merchants Motor Bank was opened for business. The Farmers & Merchants Bancorp was formed in 1984 and became the controlling stockholder. Serving the financial needs of our customers has been our business since 1934. We will continue to provide excellent customer service to meet the financial needs of the people living in the communities we serve.