As of July 14, 2017, The Fountain Trust Company owns The Farmers State Bank.
The standard FDIC insurance amount is $250,000 per depositor, per insured bank. If you have deposit accounts at The Farmers State Bank and The Fountain Trust Company, your accounts will continue to be separately insured for six months. Certificates of Deposits (CDs) will be insured until the first maturity date after the six-month grace period.
For more information, visit the FDIC's official website.