In 1898, Farmers Savings Bank was organized with a capital of $10,000 in the Humboldt County community of Ottosen. After starting in a small brick building, the bank moved to an adjacent two-story building in 1901 and relocated again in 1914. During its second relocation, a secure vault was constructed featuring 12-inch concrete walls.  The bank closed its doors October 1, 1926; all that remains today is the pictured vault.