Peoples Federal Savings Bank
Status: | Inactive as of 11/22/1991 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Peoples Federal Savings Association |
Headquarters: | Peoples Federal Savings Bank 107 South Court Ottumwa, IA 52501 |
Established: | 01/01/1892 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #28295 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $34,316,000 |
Total Deposits: | $33,662,000 |
History
1892-01-01 | Institution established: Original name:Peoples Federal Savings and Loan Association | |
1986-01-31 | Changed name to Peoples Savings and Loan Association | |
1991-06-12 | Changed name to Peoples Federal Savings Bank | |
1991-06-12 | Changed organization type to MUTUAL SAVINGS BANK | |
1991-11-22 | Placed into government conservatorship. | |
1991-11-22 | Failed, went into receivership, and then became part of Peoples Federal Savings Association (33529) | |
1991-11-22 | Institution established: Original name:Peoples Federal Savings Association (33529) | |
1992-03-20 | Acquired after government financial assistance and subsequently operated as part of South Ottumwa Savings Bank (9099) | |
1992-03-20 | Government conservatorship or bridge bank resolved. | |
2011-12-17 | Acquired Hedrick Savings Bank (14973) in OTTUMWA, IA | |
2015-06-30 | Acquired West Liberty State Bank (14573) in WEST LIBERTY, IA | |
2020-01-31 | Acquired Peoples State Bank (26911) in ALBIA, IA |