Magnolia Banking Corporation is a holding company of Farmers Bank and Trust Company. Founded in 1906, the bank is a financial institution that provides financial, business and personal banking services. Its personal banking products include checking and savings accounts, as well as certificates of deposit. The bank offers checks reordering, cash management and wire transfer services. Farmers Bank and Trust Company provides travelers checks, cashier's checks and money orders. It offers night deposit bags, as well as telephone banking, balance inquiry and money transfer services. The bank provides fixed-rate and adjustable-rate mortgages. Farmers Bank and Trust Company offers loans for automobile purchase, home improvements and debt consolidation. In addition, it provides trust, estate planning and investment management services. The bank is a member of the Federal Deposit Insurance Corporation.
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