Farmers Trust & Savings Bank Named as Iowa Finance Authority Top Iowa Lender

22 Sep 2014

News Release

The Iowa Finance Authority recently recognized Farmers Trust & Savings Bank and 23 other outstanding lenders throughout the state for their efforts in advancing affordable homeownership through the Iowa Finance Authority’s programs in 2013.


“I want to congratulate and celebrate the successes of our hard-working local lender partners and their efforts in making the dream of homeownership a reality for more than 1,400 Iowa families last year through Iowa Finance Authority programming,” said Iowa Financing Authority Executive Director Dave Jamison.


The Top Lender for 2013 was awarded to Iowa Bankers Mortgage Corporation. Outstanding Lender awards recognized Iowa Finance Authority Participating Lenders who generated over $6 million, and the Leading Lender awards recognized Iowa Finance Authority Participating Lenders who excelled with over $1 million in volume, including Farmers Trust & Savings Bank.


“Farmers Trust & Savings Bank is honored to be recognized for our efforts,” said Dave Woodcock, President and CEO of Farmers Trust and Savings Bank. “We take great pride in helping families achieve their financial goals and buy their home. We have an excellent lending team led by Rita Hoffman and Ryan Davelaar with support from Lorri Jahn-Slaymaker and Julie Ringhofer. In addition, we could not have accomplished this without the great support from our local and area realtors. Home ownership is the American dream.”


The Iowa Legislature created the Iowa Finance Authority, the state’s housing finance agency, in 1975 to undertake programs to assist in the attainment of housing for low- and moderate-income Iowans. Since then, the Iowa Finance Authority’s role has grown to include nearly 40 affordable housing and water quality programs. The Iowa Finance Authority is a self-supporting public agency whose mission is to finance, administer, advance and preserve affordable housing and to promote community and economic development for Iowans.


Farmers Trust & Savings Bank, located at 125 West Fourth Street in Spencer, was established in 1916 and has built a solid reputation as a hometown community bank based on trust and great service. For more information about Farmers Trust and Savings Bank in Spencer, contact Shana Herke at, or call 712-580-7028.