Peoples State Bank
Status: | Inactive as of 04/30/1987 |
Absorption - Assisted | |
Successor Bank: | Memphis State Bank |
Headquarters: | Peoples State Bank Main Street Turkey, TX 79261 |
Established: | 10/11/1943 |
FDIC Insurance: | 10/11/1943 |
FDIC Cert: | #16098 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $5,789,000 |
Total Deposits: | $5,837,000 |
History
1943-10-11 | Institution established: Original name:Peoples State Bank | |
1987-04-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Memphis State Bank (26614) | |
1995-10-16 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2014-11-15 | Acquired Memphis State Bank (26614) in MEMPHIS, TX | |
2014-11-15 | Acquired First Bank (5584) in WHITNEY, TX | |
2014-11-15 | Acquired Citizens State Bank (9015) in PRINCETON, TX | |
2014-11-15 | Merged into and subsequently operated as part of First Bank & Trust (5525) in SEYMOUR, TX | |
2021-05-01 | Merged into and subsequently operated as part of Peoples Bank (19788) |