People's State Bank
Status: | Inactive as of 10/20/2006 |
Merger - Without Assistance | |
Successor Bank: | Morton Community Bank |
Headquarters: | People's State Bank 105 South Adams Manito, IL 61546 |
Established: | 10/31/1905 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #10436 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $47,855,000 |
Total Deposits: | $39,269,000 |
History
1905-10-31 | Institution established: Original name:People's State Bank | |
2002-01-02 | Reorganized. | |
2006-10-20 | Merged into and subsequently operated as part of Morton Community Bank (18429) in MORTON, IL | |
2008-03-21 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2008-03-21 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2008-09-05 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
2008-09-06 | Acquired Alpha Community Bank (10790) in TOLUCA, IL | |
2009-05-22 | Acquired Citizens National Bank (5757) in MACOMB, IL as part of a government assisted transaction. | |
2010-08-14 | Acquired Tremont Savings Bank (31369) in TREMONT, IL | |
2010-12-10 | Acquired Citizens State Bank of Cropsey (10430) in CROPSEY, IL | |
2015-08-18 | Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2015-08-18 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2016-07-08 | Acquired Heritage Bank of Central Illinois (12554) in TRIVOLI, IL | |
2017-10-06 | Acquired State Bank of Arthur (1800) in ARTHUR, IL | |
2018-03-17 | Acquired State Bank of Speer (10825) in SPEER, IL | |
2019-12-06 | Acquired First Trust & Savings Bank of Albany, Illinois (5754) in ALBANY, IL |