Peoples Federal Savings and Loan Association

Status:Inactive as of 03/01/1991
 Absorption - Assisted
Change in Location
Institution Enters Conservatorship
Successor Bank:Peoples Federal Savings Bank
Headquarters:Peoples Federal Savings and Loan Association
One Kensington Square
New Kensington, PA 15068
Established:01/01/1909
FDIC Insurance:08/09/1989
FDIC Cert:#29643
Charter Class:
Total Assets:$107,564,000
Total Deposits:$98,599,000

History

1909-01-01Institution established: Original name:People Federal Savings and Loan Association of Tarentum
1986-06-30Changed name to Peoples Federal Savings and Loan Association
1986-06-30Moved bank headquarters from TARENTUM, PA to NEW KENSINGTON, PA
1991-03-01Failed, went into receivership, and then became part of Peoples Federal Savings Bank (33329)
1991-03-01Institution established: Original name:Peoples Federal Savings Bank (33329)
1991-03-01Placed into government conservatorship.
1991-09-06Government conservatorship or bridge bank resolved.
1991-09-06Acquired after government financial assistance and subsequently operated as part of Johnstown Bank and Trust Company (14501)
1992-08-15Acquired Peoples Bank One (11877) in WEST LEBANON, PA
1996-06-14Acquired The Armstrong County Trust Company (12988) in KITTANNING, PA
1996-06-26Acquired The First National Bank of Garrett (7887) in GARRETT, PA
1996-06-26Acquired The Moxham National Bank of Johnstown (7541) in JOHNSTOWN, PA
1997-10-11Acquired Laurel Bank (7482) in EBENSBURG, PA
1997-10-11Moved bank headquarters from NEW KENSINGTON, PA to JOHNSTOWN, PA
1997-10-11Changed name to Laurel Bank (14501)
1997-10-11Acquired Fayette Bank (16576) in UNIONTOWN, PA
1998-10-23Acquired The Peoples National Bank of Rural Valley (11985) in RURAL VALLEY, PA
1999-07-15Acquired First Philson Bank, National Association (7859) in BERLIN, PA
2000-11-15Changed name to Promistar Bank (14501)
2001-08-15Acquired The First National Bank of Herminie (7894) in HERMINIE, PA
2002-02-15Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA
2002-11-08Acquired Metropolitan National Bank (32298) in YOUNGSTOWN, OH
2003-12-31Acquired First National Trust Company (35177) in HERMITAGE, PA
2004-10-08Acquired The First National Bank of Slippery Rock (7972) in SLIPPERY ROCK, PA
2005-02-18Acquired NorthSide Bank (14558) in PITTSBURGH, PA
2005-10-07Acquired The National Bank of North East (7938) in NORTH EAST, PA
2006-05-26Acquired The Legacy Bank (35204) in HARRISBURG, PA
2008-04-01Acquired Omega Bank (7533) in HUNTINGDON, PA
2008-08-15Acquired Iron and Glass Bank (9891) in PITTSBURGH, PA
2011-01-01Acquired Community Bank & Trust Company (14530) in CLARKS SUMMIT, PA
2012-01-01Acquired Parkvale Savings Bank (30237) in MONROEVILLE, PA
2013-04-06Acquired BankAnnapolis (32740) in ANNAPOLIS, MD
2013-10-12Acquired Park View Federal Savings Bank (28235) in SOLON, OH
2014-02-15Acquired Baltimore County Savings Bank (32341) in NOTTINGHAM, MD
2014-09-19Acquired OBA Bank (27889) in GERMANTOWN, MD
2016-02-13Acquired Metro Bank (26255) in LEMOYNE, PA
2017-03-11Acquired Yadkin Bank (19861) in STATESVILLE, NC