Berea Bank and Trust Company

Status:Inactive as of 10/19/1970
 Absorption - Assisted
Successor Bank:Peoples Bank and Trust Company of Madison County
Headquarters:Berea Bank and Trust Company
Main Street
Berea, KY 40403
Established:06/01/1901
FDIC Insurance:01/01/1934
FDIC Cert:#1876
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC

History

1901-06-01Institution established: Original name:Berea Bank and Trust Company
1970-10-19Institution established: Original name:Peoples Bank and Trust Company (20281)
1970-10-19Failed. Acquired with government financial assistance and subsequently operated as part of Peoples Bank and Trust Company (20281)
1987-01-21Changed name to Peoples Bank and Trust Company of Madison County (20281)
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