The Farmers State Bank of Circleville was chartered October 27, 1900 with $5000.00 capital. By 1916 the total assets had increased to over $100,000.00. The bank survived a robbery in 1923, the Circleville fire in 1931, and the depression and resulting bank failures. It was a matter of pride to have been the first bank in the county to be granted permission to re-open following the banking holiday of the 1930 depression. In 1935 the bank became a member of the FDIC. In 1948, capital was increased to $25,000.00. In 1960, total assets reached 1 million, 5 million in 1978, 10 million in 1984, and at present is over 45 million. The bank stock has been closely held by Circleville area families. The bank has been known as a farmer’s bank. It has built a reputation for conservative values through the policies of the directors and actions of the chief executive officers--T. J. Richardson, M. G. Johnson, C. M. Geis, David Allen and James M. Meyer.

The present Circleville building was built in the early 1900's, and underwent extensive remodeling and expansion in 1960. By the 1980's the bank was "bursting at the seams". A change in state banking regulations allowing branch banking gave the opportunity to expand. A new building was constructed, and the Holton Bank of The Farmers State Bank opened in the spring of 1991. The branch has given the officers and staff better working conditions, and has allowed the bank to better serve a growing customer base