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