PEOPLES BANK HISTORY
- Bank Name:Peoples Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #29523
- Locations:30 Branches in 2 states
Peoples Bank was founded on January 1, 1916 and has been serving the financial needs of their customers for over 108 years.
Peoples Bank currently operates with 30 branches located in 2 states as a subsidiary of Finward 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
01-01-1916Institution established. Original name: Peoples Federal Savings and Loan Association.
10-31-1985Changed Organization Type to Stock Savings & Loan.
12-16-1985Main Office moved to 9204 Columbia Avenue, Munster, IN 46321.
11-15-1989Changed Organization Type to Stock Savings Bank.
11-15-1989Changed Institution Name to Peoples Bank, A Federal Savings Bank.
07-31-1994Changed Chartering Agency to State.
07-31-1994Changed Primary Federal Regulatory Agency to Fdic.
07-31-1994Changed Institution Name to Peoples Bank Sb.
04-01-2014Acquired First Federal Savings and Loan Association of Hammond (28961) in Hammond, IN.
07-01-2015Acquired Liberty Savings Bank, Fsb (28781) in Whiting, IN.
07-26-2018Acquired First Personal Bank (35067) in Orland Park, IL.
01-24-2019Acquired A J Smith Federal Savings Bank (27831) in Midlothian, IL.
05-22-2020Changed Institution Name to Peoples Bank.
05-22-2020Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
05-22-2020Changed Organization Type to Commercial Bank.
01-31-2022Acquired Royal Savings Bank (28068) in Chicago, IL.
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