PEOPLES BANK HISTORY

  • Bank Name:Peoples Bank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #16265
  • Locations:9 Branches in 2 states

Peoples Bank was founded on June 1, 1945 and has been serving the financial needs of their customers for over 78 years.

Peoples Bank currently operates with 9 branches located in 2 states as a subsidiary of Peoples Bancorp. Check below for important events in banks history.

IMPORTANT EVENTS IN BANKS HISTORY

Below is a list of some important events in the history of Peoples Bank, including mergers and acquisitions.

DATEEVENT

06-01-1945Institution established. Original name: Lester State Bank.

03-24-1977Changed Institution Name to Lester State Bank.

03-24-1977Changed Trust Powers to Full

05-09-1977Changed Institution Name to Peoples Bank and Trust.

05-09-1977Main Office moved to Highway 18, Rock Valley, IA 51247.

02-08-1999Changed Chartering Agency to Ots.

02-08-1999Changed Organization Type to Stock Savings Bank.

02-08-1999Changed Primary Federal Regulatory Agency to Ots.

02-09-1999Main Office moved to 1230 Valley Drive, Rock Valley, IA 51247.

05-23-2002Changed Chartering Agency to State.

05-23-2002Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

05-23-2002Changed Organization Type to Commercial Bank.

05-23-2002Changed Primary Federal Regulatory Agency to Fdic.

03-10-2006Acquired Jasper State Bank (10563) in Jasper, MN.

01-10-2008Acquired Farmers State Bank (227) in Hawarden, IA.

08-01-2018Acquired Pinnacle Bank Sioux City (18958) in Sioux City, IA.

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
1901 Morningside Avenue, Sioux City, IA 51106
1701 South Main Avenue, Sioux Center, IA 51250
801 Central St, Hawarden, IA 51023
121 Wall St W, Jasper, MN 56144
501 Thomas St, Lester, IA 51242
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