Farmers and Drovers Bank

What Farmers and Drovers Bank does

Farmers and Drovers Bank is a privately held, FDIC-member community bank founded in 1882 and headquartered at 201 W. Main St. in Council Grove, Kansas. It operates three physical branches (Main Bank, a Drive-Up Branch on E. Main St., and an Alta Vista branch) plus two 24/7 ATMs, serving customers in Council Grove and the surrounding Flint Hills region. The bank segments its business across four product divisions: Personal Banking (Kasasa-branded rewards checking accounts such as Kasasa Cash at 6.00% APY on balances up to $10,000, Kasasa Cash Back, and Kasasa Tunes, plus Prime, Choice, Basic, and NOW checking, mortgages, home equity loans, credit cards, and a Christmas Club savings account), Business Banking (business checking with $5 monthly maintenance and per-item fees, money market, savings, commercial loans and leases, HSAs, and CDs), Agricultural Lending (term loans, operating lines of credit, real estate and construction loans, equipment financing, and cattle loans for farm and ranch operators), and Wealth Management (trust services, estate planning and administration, property management for real estate and farm/ranch operations, and retirement planning including IRAs, Roth IRAs, SEPs, and Qualified Plans).

The underlying technology is a conventional community-bank stack: a mobile banking app for iOS and Android providing real-time balance viewing, transfers, bill pay, mobile check deposit via smartphone camera, card management, and ATM/branch locator; an internet banking portal with e-statements and bill pay; and Zelle integration for peer-to-peer payments. Reward checking and bundled consumer benefits are delivered through vendor partnerships with Kasasa and Bazing rather than internally developed systems. The bank holds no patents, has no disclosed APIs or developer ecosystem, and runs no proprietary AI/ML capabilities.

The revenue model is a traditional bank mix: net interest income from agricultural, commercial, real estate, and consumer lending funded by a deposit base anchored in CDs (APYs ranging 0.37% to 4.00% across terms from 7 days to 60 months), checking, savings, and money market accounts; transaction and account-maintenance fees (monthly fees, per-debit and low-balance fees); credit card interchange; and recurring fee income from trust and wealth management mandates. Customer segments span individuals, small/mid-size businesses, agricultural operators, and high-net-worth estate clients, all concentrated geographically in Morris County and the broader Flint Hills area. The bank employs 11-50 people, is privately held with no parent company, subsidiaries, or external funding rounds, and operates as a long-tenured community institution with no publicly disclosed revenue or financials.

Name

Farmers and Drovers Bank

Legal name

Farmers and Drovers Bank

Website

https://farmersanddrovers.com

Company type

Private

Founded year

1882

Operating status

Operating

Headcount range

11–50 employees

Short description

Farmers and Drovers Bank is a privately held community bank founded in 1882 in Council Grove, Kansas, offering personal, business, agricultural, and wealth management services to households, small businesses, farmers, and ranchers across the Flint Hills region through three branches and digital banking channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Agricultural & Rural Cooperatives (Farm Credit/Co-op Banks) (FSABAEAG)

Keywords

• Community banking services
• Agricultural lending
• Wealth management services
• Consumer banking products
• Commercial loan services

Headquarters

HQ city

Council Grove

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including agricultural loans, real estate loans, commercial loans, and consumer loans. CD interest rates range from 0.37% to 4.00% APY.
2. Account Fees: Monthly maintenance fees, debit item charges, and low balance fees for business and personal accounts
3. Credit Card Services: Consumer and business credit cards with online portal access

Pricing tiers

Distribution channels6 records

Marketing channels3 records

Core offering

Farmers and Drovers Bank is a community bank offering personal banking, business banking, agricultural lending, and wealth management products and services. Its core offerings include checking and savings accounts, certificates of deposit, credit cards, mortgages and home equity loans, agricultural and commercial loans, and trust and estate services, delivered through branch locations in Council Grove and Alta Vista, Kansas, complemented by mobile and internet banking channels.

Product overview

Farmers and Drovers Bank is a community bank offering a comprehensive range of banking products and services through both physical branch locations and digital channels. The bank operates through four main divisions: Personal Banking (offering Kasasa rewards checking accounts, Prime/Choice/Basic/NOW checking accounts, mortgages, home equity loans, credit cards, and Christmas Club savings), Business Banking (providing business checking, money market, and savings accounts, commercial loans, and merchant services), Agricultural Lending (specializing in term loans, operating credit lines, real estate loans, construction loans, equipment financing, and cattle loans), and Wealth Management (providing trust services, estate planning, estate management, property management, and retirement planning including IRAs and Self Directed IRAs). Digital access is provided through a Mobile Banking App and Internet Banking platform enabling real-time account access, transfers, bill pay, mobile deposits, and Zelle peer-to-peer payments. The bank also offers CDs, Health Savings Accounts, and Safe Deposit Boxes.

Differentiator

Problem solved

Functional benefit

Products and services

• Mobile Banking App Mobile application enabling customers to manage their finances on the go, providing real-time balances, transaction viewing, transfers, bill pay, mobile check deposits, card management, and branch/ATM location services.
• Kasasa Cash Interest-bearing rewards checking account offering 6.00% APY on balances up to $10,000 when qualification requirements are met, including ATM fee refunds up to $25.
• Kasasa Cash Back Cash back checking account offering 3.00% cash back on everyday debit card purchases, up to $9 cash back per month, with ATM fee refunds up to $25 when qualifications are met.
• Kasasa Tunes Rewards checking account providing $10 in refunds for iTunes, Amazon, or Google Play purchases monthly, plus a $20 opening grant for online purchases when qualification requirements are met.
• Prime Checking Premium checking account with Bazing savings program, cell phone protection (up to $200 per claim, $400 per year), identity theft protection, roadside assistance (up to $80 in service charges), $10,000 accidental death insurance, and $8 monthly maintenance fee waived with $5,000 balance.
• Choice Checking Basic checking account with limited Bazing savings access (3 free deals), mobile check deposit (2 free check deposits per statement cycle), and $5 monthly maintenance fee waived with $1,000 minimum balance.
• Basic Checking Low-cost checking account with $2 monthly statement fee (waived with e-Statements), with $50 minimum to open.
• NOW Account Interest-bearing checking account with unlimited check writing, earning interest on collected balance of $1,000 or more, and $10 monthly maintenance fee waived with $5,000 deposit relationship.
• Business Checking Business checking account with $5 monthly maintenance fee, tiered transaction fees ($0.12 per debit item, $0.05 per transit item), and earnings credit per $100 of average collected balance.
• Money Market Account Interest-earning business account on collected balance of $2,500 or more with tiered interest rates, monthly statements, debit card access, and six free debits per statement cycle.
• Savings Account Business savings account earning interest on collected balance of $50 or more, with $5 monthly maintenance fee waived at $250 balance, and free internet banking.
• Credit Cards Consumer and business credit cards with online portal access for account management.
• Certificates of Deposit (CDs) Time deposit accounts with terms ranging from 7 days to 60 months, offering APYs from 0.37% to 4.00%, with various minimum balance requirements and interest compounding options including jump rate options on select terms.
• Health Savings Accounts (HSA) Tax-advantaged health savings accounts for qualified individuals to save for medical expenses.
• Agricultural Loans Comprehensive agricultural financing including term loans for specific needs, operating lines of credit for day-to-day business management, real estate loans, construction loans for buildings or grain systems, equipment financing, and cattle loans, for farmers and agricultural operations.
• Commercial Loans and Leases Loans and lease financing for commercial business needs including real estate, building improvements, and auto financing.
• First Time Homebuyer Loans Mortgage products designed for first-time homebuyers to purchase residential property.
• Mortgage Loans Traditional mortgage financing for home purchases.
• Home Equity Loans Loans secured by home equity for various financial needs.
• Trust Services Professional trust services including trustee and successor trustee roles, with experienced trust professionals to assist with planning needs.
• Estate Planning Estate planning services with the trust department acting as administrator, executor, or trustee of wills and trusts.
• Estate Management Estate management services to maximize return on assets.
• Property Management Property management services for real estate, farm, ranch, and livestock operations.
• Retirement Planning Retirement planning services offering IRAs, Self-Directed IRAs, Roth IRAs, SEPs, and Qualified Plans to maximize earning potential for retirement.
• Safe Deposit Boxes Secure storage service for valuables and important documents.
• Christmas Club Seasonal savings account requiring 49 consecutive weekly deposits of the same amount, with the bank contributing 25% of the 50th deposit; available from November 1st to October 10th.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Scale indicators2 records

Recent moves7 records

Expansion highlights3 records

Emerging players

• Farm Credit Services of America: Large Farm Credit System lender specializing in agricultural and rural lending. Comparable as a direct competitor for ag loan customers in the Flint Hills region, though operating under a different charter and at significantly larger scale.

Direct peers

• Intrust Bank: Wichita-headquartered Kansas community bank providing commercial, ag, and personal banking across the state. Comparable as a Kansas-based community bank with ag lending and full-service business/personal banking in a similar footprint.
• Heartland Tri-State Bank: Small community bank in the High Plains/Kansas region with agricultural lending focus. Highly comparable in scale, footprint, and ag specialization — a true small-town ag-focused peer.
• Emprise Bank: Kansas community bank with strong ag and commercial lending presence across multiple Kansas markets. Directly comparable in scale, ag specialization, and full-service community banking model.
• Sunflower Bank: Kansas-based community bank offering personal, business, and agricultural lending across multiple Kansas markets. Directly comparable as a Kansas-headquartered community bank with ag lending focus serving rural and small-business customers.
• Cornerstone Bank: Small Kansas community bank offering personal, business, and agricultural lending. Comparable in scale and Kansas rural community banking profile with overlapping ag lending specialization.
• Equity Bank (Amberwell): Kansas-rooted community bank with ag, commercial, and personal banking lines. Comparable as a Kansas community banking peer with overlapping ag lending and small-business focus.
• First National Bank of Hutchinson: Long-established Kansas community bank serving central Kansas with personal, business, and ag lending. Comparable in Kansas community banking profile and ag lending orientation.
• Capitol Federal Savings: Kansas-headquartered thrift institution offering deposit, mortgage, and consumer banking products. Comparable as a long-established Kansas retail banking franchise competing for similar deposits in the same geography.
• Great Southern Bank (GNBank): Kansas-headquartered community bank with retail and commercial banking across multiple states. Comparable as a Kansas community banking peer with similar deposit-gathering and ag/commercial lending focus.

Market position

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/farmers-and-drovers-bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Farmers and Drovers Bank