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Welcome to Farmers Trust and Savings Bank – Wells Location
We’re excited to welcome Peoples State Bank customers to Farmers Trust and Savings Bank! As of April 1, 2026, we are proud to serve the Wells community. While ownership is changing, customers will continue banking as usual, and we are committed to making this transition as smooth as possible. You’ll continue to see the same familiar faces and receive the same great service you’ve come to expect.
Important Dates
- March 31, 2026 – Peoples State Bank of Wells will officially merge with Farmers Trust and Savings Bank
- April 1, 2026 – First day of Wells location operating as Farmers Trust and Savings Bank
- June 27, 2026 – System conversion (more information will be shared as we move closer to this date)
Please note: Branch hours will change effective April 1, 2026
Lobby Hours: Monday – Friday: 8:30am – 3:30pm
Drive-Up Hours: Monday – Thursday: 8:00am – 4:00pm; Friday: 8:00am – 5:00pm
March 6, 2026 – Customer Letter
FAQs
| What is happening between Farmers Trust and Savings Bank (FTSB) and Peoples State Bank of Wells (PSB)? | An agreement was signed by FTSB and PSB in which FTSB will acquire PSB and merge into FTSB. |
| What is the timing of the merger? | The acquisition is scheduled to close on March 31st, 2026, with Farmers Trust and Savings Bank beginning operations at the Wells location on April 1st, 2026. Until closing, both banks will continue to operate independently. After April 1st, customers can continue banking as usual, as systems, accounts, and services will remain the same until our planned system conversion at the end of June 2026. Additional information about the conversion and any future changes will be shared in the coming months. |
| Why are the banks merging? | This strategic move expands our community banking reach into a neighboring rural market and strengthens our shared commitment to supporting local families, businesses, and agriculture. Together, we’re creating new opportunities for our customers and deepening our impact across the communities we serve. |
| What are the benefits of the merger? | Customers will gain access to a wider range of products, enhanced digital banking tools, online account opening, e-sign, contactless cards, and expanded lending resources—all while continuing to work with the same local bankers they know and trust. |
| Do customers need to take any action right now? | No, there are no immediate changes and customers will continue to receive the excellent service they have always depended on. |
| Will my accounts or services change? | Not at this time. Debit cards and checks will continue to work. We are in the early stages of the acquisition, and any decisions affecting account numbers, checks, cards, and other services will be communicated clearly and with advanced notice. |
| How will this affect customer experience? | The acquisition will enhance convenience and access, allowing us to better serve customers through improved products, services, and technology. |
| How will we keep customers informed? | We will share updates as soon as decisions are finalized and confirmed. Transparency and communication are priorities throughout this process. |
