Premier Bank

Premier Bank, originally established as First Federal Savings and Loan Association in 1920, has undergone a series of transformations throughout its history. In 1993, the institution changed its name to First Federal Savings and Loan, a stock savings and loan, marking a shift in its organizational structure. By the year 2000, it rebranded as First Federal Bank of the Midwest. The bank expanded its operations through several acquisitions, including the purchase of The Commercial Bank in 2005 and Bank of Lenawee in 2008. In 2011, Premier Bank changed its primary federal regulatory agency to the Office of the Comptroller of the Currency. A significant transition occurred in January 2020 when the bank acquired Home Savings Bank in Youngstown, Ohio, and subsequently changed its institution name to Premier Bank on June 19, 2020. That same month, it also transitioned to a state-chartered bank regulated by the Federal Deposit Insurance Corporation (FDIC), altering its organizational type and chartering agency. Throughout its history, Premier Bank has moved its main office several times, with its current location established at 275 West Federal Street in Youngstown, Ohio.

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

1920-01-01Institution established. Original name: First Federal Savings and Loan Association.

1993-07-19Changed Organization Type to Stock Savings & Loan.

1993-07-19Changed Institution Name to First Federal Savings and Loan, a stock savings and loan.

1993-07-19Main Office moved to 601 Clinton Street, Defiance, OH 43512.

1998-09-04Changed Trust Powers to Full.

2000-01-01Changed Institution Name to First Federal Bank of the Midwest.

2005-01-21Acquired The Commercial Bank in Delphos, OH.

2005-04-08Acquired Genoa Savings and Loan Company in Genoa, OH.

2008-03-14Acquired Bank of Lenawee in Adrian, MI.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2017-02-24Acquired The Commercial Savings Bank in Upper Sandusky, OH.

2020-01-31Main Office moved to 275 West Federal Street, Youngstown, OH 44503.

2020-01-31Changed Chartering Agency to State.

2020-01-31Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2020-01-31Changed Organization Type to Commercial Bank.

2020-01-31Changed Primary Federal Regulatory Agency to FDIC.

2020-01-31Acquired Home Savings Bank in Youngstown, OH.

2020-06-19Changed Institution Name to Premier Bank.