Peoples Bank and Trust Company of Madison County

Status:Inactive as of 12/01/2020
 Merger - Without Assistance
Successor Bank:Whitaker Bank
Headquarters:Peoples Bank and Trust Company of Madison County
419 Chestnut Street
Berea, KY 40403
Established:10/19/1970
FDIC Insurance:10/19/1970
FDIC Cert:#20281
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$465,795,000
Total Deposits:$356,506,000

History

1970-10-19Institution established: Original name:Peoples Bank and Trust Company
1970-10-19Acquired Berea Bank and Trust Company (1876) in BEREA, KY
1987-01-21Changed name to Peoples Bank and Trust Company of Madison County
2004-05-03Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2004-05-03Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2006-01-01Acquired The Berea National Bank (2681) in BEREA, KY
2020-12-01Merged into and subsequently operated as part of Whitaker Bank (32912) in LEXINGTON, KY

Financial Information (2020-09-30 and Older)