American Savings Bank, FSB

Status:Inactive as of 04/14/2018
 Merger - Without Assistance
Successor Bank:Peoples Bank
Headquarters:American Savings Bank, FSB
503 Chillicothe Street
Portsmouth, OH 45662
Established:01/01/1892
FDIC Insurance:08/09/1989
FDIC Cert:#29597
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$285,430,000
Total Deposits:$203,083,000

History

1892-01-01Institution established: Original name:American Savings and Loan Association
1993-07-09Changed organization type to MUTUAL SAVINGS BANK
1993-07-09Changed name to American Savings Bank
1995-01-31Changed organization type to MUTUAL SAVINGS & LOAN
1995-01-31Changed name to American Savings Association
1995-05-10Changed organization type to STOCK SAVINGS & LOAN
1995-07-21Changed organization type to STOCK SAVINGS BANK
1995-07-21Changed name to American Savings Bank, FSB
2002-06-28Acquired Waverly Building and Loan Company (30093) in WAVERLY, OH
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-11-16Acquired Cottage Savings Bank (57089) in MONTGOMERY, OH
2018-04-14Merged into and subsequently operated as part of Peoples Bank (6544) in MARIETTA, OH
2019-04-13Acquired The First Commonwealth Bank of Prestonsburg, Inc. (2721) in PRESTONSBURG, KY

Financial Information (2018-03-31 and Older)