First Peoples Bank, Inc.
Status: | Inactive as of 01/01/2019 |
Merger - Without Assistance | |
Successor Bank: | Summit Community Bank, Inc |
Headquarters: | First Peoples Bank, Inc. 200 First Street Mullens, WV 25882 |
Established: | 01/12/1926 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #6173 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $133,081,000 |
Total Deposits: | $112,948,000 |
History
1926-01-12 | Institution established: Original name:The Peoples Bank of Mullens | |
1944-05-05 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
1944-05-05 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2008-06-30 | Changed name to First Peoples Bank, Inc. | |
2019-01-01 | Merged into and subsequently operated as part of Summit Community Bank, Inc (34102) in MOOREFIELD, WV | |
2020-01-01 | Acquired Cornerstone Bank, Inc. (10045) in WEST UNION, WV | |
2020-12-15 | Acquired WinFirst BankSummit Community Bank, Inc (29313) in WINCHESTER, KY. |