First Farmers Bank & Trust completes conversion of Citizens Exchange Bank in Fairmount, IN

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First Farmers Bank & Trust completes conversion of Citizen Exchange Bank in FairmoFairmount Editunt, IN.

First Farmers Bank & Trust would like to announce the opening of the branch location in Fairmount, IN.  The branch is located at 102 S Main St. The lobby is now open Monday through Thursday 9:00am to 4:00pm and on Friday 9:00am to 6:00pm. The drive up is now open Monday through Thursday 8:00am to 5:00pm, Friday 8:00am to 6:00pm, and Saturday 9:00am to 12noon.  Debbie Shrout, will be managing the location.  Contact us for assistance with any of your banking needs at (765) 948-4220 or access internet banking services at ffbt.com.

First Farmers Financial Corp is a $1.48 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 30 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Johnson, Starke, Sullivan, Tipton, Vermillion, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois

Our Hours are Changing!

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Please note: The hours at some of our offices are changing, effective January 1, 2016. Only branches listed are changing , click here for a full list of locations.

Amboy

Monday – Thursday          9:00am – 1:00pm
Friday                                  9:00am – 5:00pm

Bargersville

Lobby:

Monday – Thursday        9:00am – 4:00pm

Friday                                 9:00am - 5:00pm

Drive Up:

Monday – Friday       8:30am – 5:00pm

Saturday                       Closed

Clay City

Lobby:

Monday – Thursday     9:00am – 4:00pm

Friday                              9:00am- 5:00pm

Drive Up:

Monday – Friday          8:00am - 5:00pm

Saturday                         9:00am - 12:00pm

Dana

Lobby & Drive Up:

Monday – Thursday    9:00am– 1:00pm

Friday                              9:00am - 5:00pm

Saturday                          Closed

Elwood

Lobby:

Monday – Thursday  9:00am – 4:00pm

Friday                           9:00am - 6:00pm                                

Drive Up:

Monday – Thursday  8:00am – 5:00pm

Friday                            8:00am - 6:00pm

Saturday                       9:00am - 12:00pm

Farmersburg

Lobby & Drive Up:

Monday – Thursday  9:00am – 1:00pm

Friday                            9:00am - 5:00pm

Drive Up:

Saturday                        9:00am - 12:00pm

Huntington

Lobby:

Monday – Thursday  9:00am – 4:00pm

Friday                           9:00am - 6:00pm                                

Drive Up:

Monday – Thursday  8:00am – 4:00pm

Friday                            8:00am - 6:00pm

Saturday                        Closed

Kokomo Central

Lobby:

Monday – Thursday  9:00am – 4:00pm

Friday                           9:00am - 5:00pm                                

Drive Up:

Monday – Thursday  8:00am – 5:00pm

Friday                            8:00am - 6:00pm

Saturday                       9:00am - 12:00pm

Kokomo North

Lobby:

Monday – Thursday  9:00am – 4:00pm

Friday                           9:00am - 5:00pm                                

Drive Up:

Monday – Thursday  8:00am – 5:00pm

Friday                            8:00am - 6:00pm

Saturday                       9:00am - 12:00pm

Kokomo South

Lobby:

Monday – Thursday  9:00am – 4:00pm

Friday                           9:00am - 5:00pm                                

Drive Up:

Monday – Thursday  8:00am – 5:00pm

Friday                            8:00am - 6:00pm

Saturday                       9:00am - 12:00pm

First Farmers Financial Corp. Declares Dividend

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FirstFarmersFinancialConverse, Ind., December 15, 2015 -- First Farmers Financial Corp. (OTC PINK:FFMR), the parent company of First Farmers Bank & Trust Co., announced that on December 15, 2015 the Board of Directors approved a quarterly cash dividend for the fourth quarter of 2015 of $0.30 per share, payable on January 15, 2016 to shareholders of record as of December 31, 2015. This quarterly dividend represents a 3.4% increase over the quarterly dividend declared in December 2014.

First Farmers Financial Corp is a $1.48 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 29 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Johnson, Starke, Sullivan, Tipton, Vermillion, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois.

First Farmers Bank & Trust to Acquire Citizens Exchange Bank

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Citizens Exchange BankFirst Farmers Financial Corporation, holding company of First Farmers Bank & Trust (“First Farmers”), and Century Bank Corp., holding company of Citizens Exchange Bank (“Citizens”), today jointly announced the signing of a definitive agreement in which First Farmers will acquire Citizens. Citizens Exchange Bank will be merged into First Farmers Bank & Trust as part of the transaction.

First Farmers, while headquartered in nearby Converse, is a regional leader in agricultural and community banking in the Midwest.  On September 30, 2015, First Farmers had $1.47 billion in assets and operated 36 community bank branches in Indiana and Illinois.  Citizens had $60 million in assets and operated from its single location in downtown Fairmount. The transaction is expected to close in the second quarter of 2016, subject to regulatory approval and other customary conditions.

Gene Miles, President and Chief Executive Officer of First Farmers stated, “Citizens Exchange Bank is simply an exceptional bank and an organization that we have always respected as a competitor. Their leadership and employees have upheld the values and ideals of community banking and we see this as an outstanding partnership between our organizations. First Farmers Bank and Trust has served a variety of businesses and individuals in communities very similar to Fairmount and we are very confident of our ability to provide excellent customer service to the area”.

Tim Selby, Chairman of Citizens stated, “The Selby Family appreciates the community support we have had the last 122 years. Although we are selling control of the bank to First Farmers, both the community orientation and many of the familiar faces will remain. Our family is confident that the community will be very well served by First Farmers who, given the increasingly complex nature of banking, is well positioned to provide the most up-to-date services and resources to meet the higher credit needs of local farmers and businesses.”

In connection with this transaction, Renninger and Associates LLC served as financial advisor and Bingham Greenebaum Doll LLP served as legal counsel to Citizens. Hunton Williams LLP served as legal counsel to First Farmers.

Welcome to the Team!

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We are excited to introduce two new members to the FFBT team!

Jodi Clark

Jodi Clark has accepted the position of Director of Data Processing. She will be working out of our Kokomo Square location.

 

Be sure to welcome our new employees the next time you stop in to either of these locations! And stay up to date on all of our employment opportunities by visiting our Current Openings page on the website!

 

 

 

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