Peoples Savings and Loan Association

Status:Inactive as of 05/04/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Commercial Bank
Headquarters:Peoples Savings and Loan Association
87 Parsons Plaza
Parsons, KS 67357
Established:01/01/1923
FDIC Insurance:12/30/1935
FDIC Cert:#27864
Charter Class:
Total Assets:$49,355,000
Total Deposits:$59,662,000

History

1923-01-01Institution established: Original name:Peoples Savings and Loan Association
1989-03-02Placed into government conservatorship.
1990-05-04Government conservatorship or bridge bank resolved.
1990-05-04Acquired after government financial assistance and subsequently operated as part of Parsons Commercial Bank (11777)
1990-05-04Acquired Mid-America Federal Savings and Loan Association (28146) in PARSONS, KS
1990-08-28Changed name to Commercial Bank (11777)