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Bank Branches › Closed and merged banks › Iowa › FreedomBank

FDIC certificate 11767 · Elkader, IA

FreedomBank

FreedomBank of Elkader, IA is open today. It is the same bank that used to be called Farmersburg Savings Bank, Peoples State Bank: the name changed, the bank did not close. 3 other banks have been folded into it over the years.

1903
opened
open
today
3
names it used
3
banks folded in

Its names, in order

Every legal name on the FDIC record for this certificate.

  1. 1903
    Farmersburg Savings Bank opens in Elkader, IA
  2. Jan 3, 1978
    renamed Peoples State Bank
  3. Mar 31, 2006
    renamed FreedomBank
  4. Today
    OPEN
    FreedomBankMain office Elkader, IA · FDIC certificate 11767 · 4 offices in 1 state

    Every FreedomBank office →

Its offices in the FDIC deposit reports

6 offices filed under this charter in some year from 1994 on. 4 are still open as of June 30, 2026.

OfficeLast filed under itNow
201 W Main StWaukon, IA2026Open
210 S Main StElkader, IA2026Open
106 S Main StMonona, IA2026Open
135 W Tilden StPostville, IA2026Open
1798 Old Stage RdDecorah, IA2023No longer reported
Main StreetFarmersburg, IA2007No longer reported

Banks folded into FreedomBank

3 banks merged directly into this charter.

BankEndedHow
Farmers and Merchants Savings BankWaukon, IAApr 1, 2019merged
Postville State BankPostville, IAMar 31, 2006merged
Union State BankMonona, IAMar 31, 2006merged

Source: FDIC BankFind institution and history records, read Nov 15, 2026. Look up certificate 11767 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.