Peoples Federal Savings Bank

Status:Inactive as of 10/31/1988
 Merger - Assisted
Successor Bank:Peoples National Bank
Headquarters:Peoples Federal Savings Bank
121 N Market St
Wooster, OH 44691
Established:01/01/1892
FDIC Insurance:06/27/1944
FDIC Cert:#28196
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$341,126,000
Total Deposits:$347,272,000

History

1892-01-01Institution established: Original name:Peoples Federal Savings and Loan Association
1984-09-30Acquired Shelby Building and Loan Company (30829) in SHELBY, OH
1984-11-30Changed name to Peoples Federal Savings Bank
1984-11-30Changed organization type to MUTUAL SAVINGS BANK
1988-10-31Failed. Acquired with government financial assistance and subsequently operated as part of Peoples Federal Savings Bank (32620)
1994-06-22Changed organization type to COMMERCIAL BANK
1994-06-22Changed name to Peoples National Bank (32620)
1994-06-22Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
1994-10-31Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-03-23Acquired Peoples Bank, National Association (28273) in ASHTABULA, OH
1998-03-23Acquired Peoples National Bank (32620) in WOOSTER, OH
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
1998-05-22Acquired 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 Summit Bank, National Association (33278) in FAIRLAWN, OH
1999-02-12Acquired NC Interim National Bank (27917) in NEW CASTLE, PA
1999-02-12Acquired Signal Bank, National Association (29410) in WOOSTER, 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