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Peoples State Bank of Clay County

Status:Inactive as of 08/10/1984
 Absorption - Assisted
Successor Bank:First State Bank
Headquarters:Peoples State Bank of Clay County
Main Street
Poland, IN 47868
Established:03/09/1934
FDIC Insurance:03/09/1934
FDIC Cert:#10480
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$17,724,000
Total Deposits:$17,106,000

History

1934-03-09Institution established: Original name:The Poland-State Bank
1975-11-24Changed name to Peoples State Bank of Clay County
1984-08-10Failed. Acquired with government financial assistance and subsequently operated as part of First State Bank (25325)
1984-08-10Institution established: Original name:First State Bank (25325)
1988-02-16Moved bank headquarters from POLAND, IN to BRAZIL, IN
2004-07-25Merged into and subsequently operated as part of First Financial Bank, National Association (4382) in TERRE HAUTE, IN
2004-09-19Acquired First Farmers State Bank (17456) in SULLIVAN, IN
2005-02-13Acquired First Crawford State Bank (12399) in ROBINSON, IL
2005-09-10Acquired First Community Bank, National Association (30319) in OLNEY, IL
2009-07-02Acquired The First National Bank of Danville (3644) in DANVILLE, IL as part of a government assisted transaction.
2011-12-31Acquired Freestar Bank, National Association (14736) in PONTIAC, IL
2019-07-27Acquired Heritage Bank USA, Inc. (30090) in HOPKINSVILLE, KY