Peoples Savings Bank

Status:Inactive as of 07/01/2019
 Merger - Without Assistance
Successor Bank:Security State Bank
Headquarters:Peoples Savings Bank
328 Main Street
Elma, IA 50628
Established:01/01/1927
FDIC Insurance:01/01/1934
FDIC Cert:#5818
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$79,394,000
Total Deposits:$56,664,000

History

1927-01-01Institution established: Original name:Peoples Savings Bank
2000-06-01Moved bank headquarters from ELMA, IA to CHARLES CITY, IA
2005-11-07Moved bank headquarters from CHARLES CITY, IA to ELMA, IA
2019-07-01Merged into and subsequently operated as part of Security State Bank (235) in SUTHERLAND, IA
2022-01-29Moved bank headquarters from 109 WEST 2ND STREET, SUTHERLAND, IA to 109 W 2nd St, SUTHERLAND, IA.
2022-01-29Acquired Farmers Savings BankSecurity State Bank (25668) in FREDERIKA, IA.

Financial Information (2019-06-30 and Older)