Farmers Savings Bank

Farmers Savings Bank
Location 101-103 West Cherry St.
Salem, Iowa
Coordinates 40°51′16.4″N 91°37′17.9″W / 40.854556°N 91.621639°W / 40.854556; -91.621639Coordinates: 40°51′16.4″N 91°37′17.9″W / 40.854556°N 91.621639°W / 40.854556; -91.621639
Area less than one acre
Built 1916
Architectural style Classical Revival
NRHP reference # 10000293[1]
Added to NRHP October 28, 2010

Farmers Savings Bank is a historic building located in Salem, Iowa, United States. Built in 1916, it replaced a building destroyed by fire the year before. The following banks operated here: Farmers Savings Bank (1916-1933), Farmington State Bank (1936-1944), Des Moines Valley State Bank (1944-1955), State Central Savings Bank (1955-1957), Hillsboro Savings Bank (1957-1976), Hawkeye Bank and Trust (1976-1992).[2] In 1992 Hawkeye Bank and Trust donated the building to the American Legion, who sold it to Anthony and Connie Kramer in 2000. They remodeled the single-story, brick, Neoclassical structure for their home. It was listed on the National Register of Historic Places in 2010.[1]

Farmers Savings Bank was one of ten banks in Iowa that was taken over by the state banking department on January 25, 1933 and reopened under a new state law.[2] State Central Savings Bank was robbed in 1955.

References

  1. 1 2 National Park Service (2010-07-09). "National Register Information System". National Register of Historic Places. National Park Service.
  2. 1 2 "Salem Houses on the National Register of Historic Places". Roots Web. Retrieved 2017-04-24.


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