Mars Bank

Mars Bank was established on October 16, 1900, originally named The Mars National Bank. It moved its main office to 145 Grand Avenue, Mars, Pennsylvania, shortly after its establishment. On June 26, 2017, the institution underwent significant changes, including a rebranding to Mars Bank, and transitioned its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). On the same date, Mars Bank changed its classification to a state-chartered bank and withdrew from membership in the Federal Reserve System, thus becoming a state-chartered institution. This marked a shift in its operational framework. After several years of operation under its new name, Mars Bank merged with Nextier Bank, National Association, on February 16, 2024, and ceased to exist as an independent entity in Kittanning, Pennsylvania.

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

1900-10-16Institution established. Original name: The Mars National Bank.

1900-10-16Main Office moved to 145 Grand Avenue, Mars, PA 16046.

2017-06-26Institution withdraws from membership in the Federal Reserve System.

2017-06-26Changed Chartering Agency to State.

2017-06-26Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2017-06-26Changed Primary Federal Regulatory Agency to FDIC.

2017-06-26Changed Institution Name to Mars Bank.

2024-02-16Merged and became part of Nextier Bank, National Association (7900) in Kittanning, PA.