Peoples Bank

Status:Inactive as of 1998-03-23
 Merger - Without Assistance
Successor Bank:Firstmerit Bank
Headquarters:Peoples Bank
4200 Park Avenue
Ashtabula, OH 44004
Established:1890-01-01
FDIC Insurance:1937-02-27
FDIC Cert:#28273
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:17
Total Assets:$362,367,000
Total Deposits:$308,819,000

History

1890-01-01Institution established: Original name:Peoples Savings and Loan Company
1986-12-31Changed name to Peoples Savings Bank
1990-09-30Reorganized.
1994-04-14Changed organization type to COMMERCIAL BANK
1994-04-14Changed name to Peoples Bank, National Association
1994-04-14Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
1994-12-31Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-03-23Merged into and subsequently operated as part of Firstmerit Bank, National Association (13675) in AKRON, OH
1998-03-23Acquired Citizens National Bank (6635) in CANTON, OH
1998-03-23Acquired Peoples National Bank (32620) in WOOSTER, OH
1998-03-23Acquired Peoples Bank, National Association in ASHTABULA, OH
1998-05-22Acquired PremierBank & Trust (12580) in ELYRIA, OH
1998-05-22Acquired Jefferson Savings Bank (29802) in WEST JEFFERSON, OH
1998-10-23Acquired First Federal Savings Bank of Kent (29300) in KENT, OH
1998-10-23Acquired Security Federal Savings and Loan Association of Cleveland (28532) in MAYFIELD HEIGHTS, OH
1999-02-12Acquired Signal Bank, National Association (29410) in WOOSTER, OH
1999-02-12Acquired NC Interim National Bank (27917) in NEW CASTLE, PA
1999-02-12Acquired Summit Bank, National Association (33278) in FAIRLAWN, OH
2010-02-19Acquired George Washington Savings Bank (29952) in ORLAND PARK, IL as part of a government assisted transaction.
2010-05-14Acquired Midwest Bank and Trust Company (18117) in ELMWOOD PARK, IL as part of a government assisted transaction.
2013-04-12Acquired Citizens Bank (986) in FLINT, MI
2016-08-16Merged into and subsequently operated as part of The Huntington National Bank (6560) in COLUMBUS, OH

Financial Information (1997-12-31 and Older)