Peoples Bank of Commerce

Status:Inactive as of 12/02/2017
 Merger - Without Assistance
Successor Bank:First Bank & Trust
Headquarters:Peoples Bank of Commerce
234 First Avenue East
Cambridge, MN 55008
Established:11/28/1916
FDIC Insurance:01/01/1934
FDIC Cert:#10192
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$301,679,000
Total Deposits:$263,372,000

History

1916-11-28Institution established: Original name:Peoples State Bank of Spring Lake, Inc.
1934-08-06Changed name to Peoples State Bank of Cambridge
1934-08-06Moved bank headquarters from NORTH BRANCH, MN to CAMBRIDGE, MN
1990-04-27Changed name to Peoples Bank of Commerce
1990-04-27Acquired Community State Bank of Princeton (22483) in PRINCETON, MN
2017-12-02Acquired Peoples Bank of Commerce in CAMBRIDGE, MN
2017-12-02Acquired State Bank of New Prague (12921) in NEW PRAGUE, MN
2017-12-02Merged into and subsequently operated as part of First Bank & Trust (3973) in BROOKINGS, SD
2020-10-16Acquired First Bank & Trust (27078) in SIOUX FALLS, SD

Financial Information (2017-09-30 and Older)