First Savings Bank

First Savings Bank was established on January 1, 1880, in Danville, Indiana, originally operating under the name First Savings and Loan Association of Danville. On November 29, 1993, the institution changed its name to First Savings Bank and simultaneously altered its organizational structure to become a mutual savings bank. This status allowed it to operate in a manner that emphasized serving its members rather than generating profit for shareholders. On November 1, 2023, First Savings Bank merged with The Hometown Savings Bank, headquartered in Terre Haute, Indiana, marking a significant transition in its long history.

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

1880-01-01Institution established. Original name: First Savings and Loan Association of Danville.

1993-11-29Changed Organization Type to Mutual Savings Bank.

1993-11-29Changed Institution Name to First Savings Bank.

2023-11-01Merged and became part of The Hometown Savings Bank in Terre Haute, IN.