Peoples State Bank

Status:Inactive as of 04/26/1985
 Absorption - Assisted
Successor Bank:Liberty Bank & Trust
Headquarters:Peoples State Bank
301 Main Street
Odebolt, IA 51458
Established:01/01/1800
FDIC Insurance:01/01/1934
FDIC Cert:#12414
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$13,541,000
Total Deposits:$12,654,000

History

1800-01-01Institution established: Original name:Kiron State Bank
1973-08-28Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1980-10-20Changed name to Peoples State Bank
1980-10-20Moved bank headquarters from KIRON, IA to ODEBOLT, IA
1985-04-26Failed. Acquired with government financial assistance and subsequently operated as part of Peoples Savings Bank (26215)
1985-04-26Institution established: Original name:Peoples Savings Bank (26215)
1989-04-07Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
1990-07-03Changed name to Liberty Bank & Trust (26215)
1994-06-01Merged into and subsequently operated as part of Ida County State Bank (958) in IDA GROVE, IA
1996-01-01Changed name to United Bank of Iowa (958)
2001-02-28Acquired United Bank of Iowa (15589) in CARROLL, IA
2001-06-01Acquired Alliance Bank (9296) in ROCKWELL CITY, IA
2006-09-01Acquired First Bank and Trust Company (15034) in GLIDDEN, IA
2010-10-01Acquired American National Bank (33993) in HOLSTEIN, IA
2010-12-18Acquired Moorhead State Bank (960) in MOORHEAD, IA
2015-03-31Acquired Blencoe State Bank (13446) in ONAWA, IA
2019-04-12Acquired Rolfe State Bank (15575) in ROLFE, IA