My Bank for life.

Enroll now. Forgot password?
  • There are times when a person requires answers and guidance from financial experts. The Farmers Bank and especially the people in the Trust and Management Department offer a large bank's professionalism and solid financial knowledge with a small bank's friendliness and personality.

    Steve Brazzell

  • Just like previous generations of our family, we’ve found The Farmers Bank a great place to do business. Each of us has been away from Frankfort for 40 years but have yet to find another bank that provides the kind of responsive and thoughtful service that we’ve experienced with The Farmers Bank.

    Matt and Lynn Maish

  • Beverly and I have been customers of The Farmers Bank for 24 years. We have received excellent professional advise from the staff of the Trust Department and achieved excellent results. Even though we have retired to Florida, we are happy to have the professionals at The Farmers Bank still managing our assets. They are customer focused and respond quickly to our needs.

    Terry and Beverly Brewer

Trust & Asset Management Services

Tamara S. Moss
Vice President and Manager of Trust Services
765-654-2619 x3307
Email Tammy

Matthew A. Wyman
Personal Trust Officer
765-654-2619 x3310
Email Matthew

Lori S. Davis
Trust Administration Officer
765-654-2619 x3312
Email Lori

Greg Clapp
Trust Investment Officer
765-654-2619 x3304
Email Greg

What matters most…..

When taking care of what matters most is your priority, you sometimes need a partner to help accomplish your goals. Advice and guidance are helpful when it comes to:

  • Planning for retirement
  • Investing your hard earned money
  • Securing your financial future
  • Creating an effective estate plan
  • Achieving peace of mind

The Farmers Bank Trust and Asset Management Division can guide and help you in these areas, and more. We want to partner with you to learn about your financial goals and help create a plan to get you where you want to be. We are a local bank with local roots dating back to 1876. When you need access to financial expertise and guidance, give us a call. We’ll help you take care of what matters most.

Revocable Living Trusts

A revocable living trust is a very effective way to manage what matters most to you during your lifetime. A revocable living trust can help you by:

  • Managing your investments
  • Taking care of your family
  • Planning for the future
  • Creating an estate plan
  • Minimizing taxes

Flexibility, control, and management of your assets during your lifetime are very valuable and important aspects of creating and funding a revocable living trust. You may have full access to and control of your assets. As trustee, we provide guidance and expertise in the management of your assets. A revocable living trust can also provide you with peace of mind by knowing that your assets will be taken care of and managed according to your wishes, should you not be able to make those decisions on your own. This type of trust can also help you in the following ways:

  • To create an estate plan that is best suited to your wishes
  • To protect your privacy upon your passing
  • To easily transfer assets to those you have provided; without probate proceedings.
  • To minimize estate taxes
  • To protect what you have worked hard to earn

The Farmers Bank Trust and Asset Management Division can help you when it comes to taking care of what matters most, by serving as trustee of your revocable living trust.

Irrevocable Trusts

An irrevocable trust can provide many benefits, such as:

  • Lessening the tax burden on an estate
  • Protecting assets from creditors
  • Controlling and/or limiting distributions from the trust to the beneficiaries, after the grantor’s passing

A limited and supervised distribution of assets assures that the grantor’s wishes are carried out as they had planned. Careful planning and consideration should be used when establishing an irrevocable trust, as it cannot be amended once it has been put into effect. The Farmers Bank Trust and Asset Management Division can serve as trustee of an irrevocable trust. We welcome the opportunity to help you preserve and distribute your assets according to your wishes.

Testamentary Trusts

A testamentary trust is created as part of a person’s will. A testamentary trust does not become effective until a person dies. This type of trust is a set of instructions contained in a will that directs asset distribution upon their passing. Unlike an irrevocable trust, a testamentary trust can be modified while the person is living. However, once the grantor dies, the trust becomes irrevocable. Testamentary trusts are yet another way that we would be happy to serve as trustee, taking care of your estate planning needs.

Irrevocable Life Insurance Trusts

An irrevocable life insurance trust is a very powerful estate planning tool. It can provide a death benefit upon the insured person’s death that can potentially avoid estate taxes. The Farmers Bank Trust and Asset Management Division performs many duties where irrevocable life insurance trusts (ILIT’s) are concerned. If an ILIT is an estate planning tool that you would like to take advantage of, we can help.

Special Needs Trusts

Taking care of what matters most to you is a priority. Sometimes, this priority involves planning for the care of a child or loved one who cannot do so on their own. A special needs trust can provide you with peace of mind in many areas. They can provide:

  • Assurance knowing that the assets it holds will benefit that person who needs help
  • Satisfaction knowing that funds are being collected and paid out for the care of the individual in need of assistance

When your family or loved ones are involved, their care is your priority. We want to help by making them our priority, too.

Charitable Trusts

When it comes to planning for charitable giving, a charitable trust can be an extremely beneficial financial tool. A charitable trust can help by:

  • Lessening income taxes
  • Providing income to the charity or grantor
  • Ensuring that your favorite charities receive the assets that you wish

Identifying what matters most is important to you. The Farmers Bank Trust & Asset Management Division can assist in taking care of what matters most.

Click here to download Are You Familiar with Charitable Trusts (PDF)

Estate Administration

Estate administration can be confusing. Many factors should be considered when choosing an executor for your estate. Some of those factors are:

  • The expertise needed to manage your assets
  • The proper distribution of your property
  • The ability to understand and file estate taxes
  • The experience and education needed to abide by the terms of your will or trust plan
  • The ability to remain neutral and objective when making potentially emotional decisions

The Farmers Bank Trust and Asset Management Division is highly experienced in all areas of estate administration. We welcome the opportunity to put our experience to work for you.


As guardian of an estate, we are responsible for the financial aspects of a person’s life. Someone who might otherwise not be able to handle their finances on their own can benefit from working with us. As guardian, we are required to adhere to specific accounting and accountability practices, as governed by Indiana law. The Farmers Bank Trust and Asset Management Division can provide efficient and thorough administration of guardianships.

Section 1031 Exchanges

A Section 1031 exchange can be another very valuable tool in asset management. It can provide a major tax advantage via deferring taxes on property exchanges. We can serve as intermediary for Section 1031 property exchanges.

Escrow Accounts

Escrow accounts are sometimes necessary when two or more entities (persons, corporations, other businesses, etc.) need a third party to hold and possibly manage assets, until specific terms of an escrow agreement are met. The Farmers Bank Trust & Asset Management Division can provide you with the record keeping skills necessary to efficiently manage your escrow account needs.

Self-Directed Individual Retirement Accounts*

Self-directed IRA’s can provide you with an opportunity to invest your retirement funds in stocks, bonds and mutual funds of your choice. Self-directed IRA’s can be tailored to fit your needs, because you direct the investments. IRA’s are an effective way to help plan for your retirement. We can assist you in establishing a self-directed IRA.

Asset Investor Accounts*

Our asset investor accounts provide you, the investor, with an opportunity to invest your funds in the stocks, bonds and/or mutual funds of your choice. We provide the access to these investment vehicles for you. We’ll keep you updated on the status of your investments through your statement notices, and if you see a need to make some changes in your portfolio, just give us a call. We are ready and willing to help you accomplish your investment objectives.

Managed Investment Agency Accounts*

Our managed investment agency accounts allow you to draw upon our sources of research and analysis to manage your investments for you.  The investment decisions we make for your account, or submit for your approval, represent our independent judgment of the best course of action for your portfolio based on your objectives, risk tolerance, and the market forecast.  We are ready and willing to help you accomplish your investment objectives.

*Not FDIC insured, May lose value, Not financial institution guaranteed, Not a deposit, Not insured by any federal government agency.