Farmers & Merchants State Bank is a $199,000,000 independent community bank located on Highway 19 in both Waterloo and Marshall, WI that provides full-service, mortgage (Home Loans Online), and internet banking services along with in-house financial services. An integral part of our communities since 1897, they are also a sponsor of the Marshall~ Waterloo Food Pantry and a designated drop-off site. At Farmers & Merchants State Bank, we pride ourselves on being part of the communities we serve, and we work hard to help those communities be successful. For more than 100 years, we’ve been your partner for life, and our employees will continue to be a resource for you. Our mission is to enrich your financial life with full-service products.