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We are excited to announce that as of July 1st, 2015, Farmers State Bank of Parkston has purchased Fulton State Bank.  The purchase has merged the two companies, and in conjunction with that merger, Farmers State Bank has acquired all assets and assumed the deposit liabilities of Fulton State Bank.  Both the Fulton and Mitchell branches of Fulton State Bank will now operate as branch banks of Farmers State Bank in Parkston, which also has a branch bank in Kaylor.  Fulton State Bank will adopt the name Farmers State Bank.

     Farmers State Bank in Parkston is a progressively managed bank that is family owned and operated and we are looking forward to this tremendous opportunity, joining two strong financial institutions to make an even stronger one for our customers.  Both banks have very similar philosophies for community banking and our goal is to make your banking experience a positive one.

     Current Fulton State Bank customers, please be assured that the employees of Fulton State Bank, that you know and have served you in the past, will continue their service to you at both Fulton and Mitchell branches. From time to time, you will also see some new faces, as employees from the main office in Parkston will be assisting employees and customers at both the Fulton and Mitchell branches.

     The computer system of Fulton State Bank will be converted into Farmers State Bank’s at a later date, which is projected to be the end of October, 2015.  Until the computer systems are converted, current Fulton State Bank customers will continue to transact their business through Fulton or Mitchell just as current Farmers State Bank customers will continue to transact their business through Parkston or Kaylor.  After the computer conversion, all customers will have the benefit of doing transactions at any of the four Farmers State Bank branch locations. Look for further correspondence for important dates, information and possible changes to your accounts as the merger and conversions take place.

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