PEOPLES STATE BANK OF COLFAX HISTORY

  • Bank Name:Peoples State Bank of Colfax
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #10075
  • Locations:1 Branch in Illinois

Peoples State Bank of Colfax was founded on June 1, 1892 and has been serving the financial needs of their customers for over 131 years.

Peoples State Bank of Colfax currently operates with 1 branch located in Illinois as a subsidiary of Peoples Financial Corporation. 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 State Bank of Colfax, including mergers and acquisitions.

DATEEVENT

06-01-1892Institution established. Original name: State Bank of Cooksville.

07-18-1942Changed Institution Name to Peoples State Bank of Colfax.

07-18-1942Main Office moved to 101 West Main Street, Colfax, IL 61728.

08-17-1944Institution becomes member of the Federal Reserve System.

08-17-1944Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

08-17-1944Changed Primary Federal Regulatory Agency to Fed.

10-24-1968Institution withdraws from membership in the Federal Reserve System.

10-24-1968Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

10-24-1968Changed Primary Federal Regulatory Agency to Fdic.

08-29-2021Main Office moved to 101 W Main St, Colfax, IL 61728.

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NEW BRANCHES

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101 West Main Street, Colfax, IL 61728
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