First Peoples Bank

First Peoples Bank was established on January 12, 1926, originally under the name The Peoples Bank of Mullens. The bank became a member of the Federal Reserve System and changed its classification to a state-chartered bank on May 5, 1944. Over the years, it underwent several name changes and organizational shifts, including a significant rebranding to First Peoples Bank, Inc. on June 30, 2008. In 1990, the bank moved its main office to 200 First Street in Mullens, West Virginia. First Peoples Bank experienced further consolidation when it merged with Summit Community Bank, Inc. in Moorefield, West Virginia on January 1, 2019. Ultimately, on May 3, 2024, it merged again, this time becoming part of Burke & Herbert Bank & Trust Company located in Alexandria, Virginia.

Below is a list of some important events in banks history, including mergers and acquisitions.

1926-01-12Institution established. Original name: The Peoples Bank of Mullens.

1944-05-05Institution becomes member of the Federal Reserve System.

1944-05-05Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

1944-05-05Changed Primary Federal Regulatory Agency to FED.

1990-02-27Main Office moved to 200 First Street, Mullens, WV 25882.

2008-06-30Changed Institution Name to First Peoples Bank, Inc..

2019-01-01Merged and became part of Summit Community Bank, Inc in Moorefield, WV.

2024-05-03Merged and became part of Burke & Herbert Bank & Trust Company in Alexandria, VA.