Peoples Bank Midwest
Status: | Inactive as of 10/17/2020 |
Absorption - Without Assistance | |
Successor Bank: | Frandsen Bank & Trust |
Headquarters: | Peoples Bank Midwest 10583 Main Street Hayward, WI 54843 |
Established: | 03/02/1925 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #5347 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $459,414,000 |
Total Deposits: | $379,662,000 |
History
1925-03-02 | Institution established: Original name:The Peoples National Bank of Hayward | |
1996-07-18 | Changed name to Peoples National Bank | |
2002-06-14 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2002-06-14 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD | |
2002-06-14 | Changed name to Peoples Bank of Wisconsin | |
2013-12-07 | Changed name to Peoples Bank Midwest | |
2013-12-07 | Acquired Summit Community Bank (58552) in MAPLEWOOD, MN | |
2020-10-17 | Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN |