Peoples Bank
- Bank Name:Peoples Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #16265
- Routing Number:N/A
- Locations:10 Branches in 3 states
- Web Address:peoples-ebank.com
Peoples Bank Information
Peoples Bank was founded in June 1945 and is based in Rock Valley, Iowa. The bank operates as a subsidiary of Peoples Bancorp. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Peoples Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Peoples Bank is a FDIC-insured bank with certificate number of 16265. The assigned Fed RSSD ID of Peoples Bank is 998844.
Peoples Bank currently operates with 10 branches located in 3 states. The bank has most branches in Iowa and South Dakota. Peoples Bank is the 39th largest bank in Iowa with 8 branches; 67th in South Dakota with 1 branches.
Bank routing number is a 9 digit code which is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other money transfers in the US. We currently do not have a routing number for Peoples Bank in our database.
The full address of bank headquarters is 1230 Valley Drive, Rock Valley, IA 51247. You can visit the official website of the bank at https://www.peoples-ebank.com for more information and online banking service if available. For a comprehensive list of Peoples Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Peoples Bank
Peoples Bank is a financial institution with a history that dates back to June 1, 1945, when it was established as Lester State Bank. On March 24, 1977, the bank changed its name to Peoples Bank and Trust, and later on the same date, it acquired full trust powers. The bank moved its main office to Highway 18 in Rock Valley, Iowa, on May 9, 1977. Over the years, Peoples Bank has undergone several organizational changes; on February 8, 1999, it transitioned from a stock savings bank to a state-chartered commercial bank. The bank's primary federal regulatory agency was changed to the Office of Thrift Supervision (OTS), and was subsequently changed to the Federal Deposit Insurance Corporation (FDIC) on May 23, 2002. In the following years, Peoples Bank expanded through acquisitions, including Farmers State Bank in Hawarden, Iowa, on January 10, 2008, and Jasper State Bank in Jasper, Minnesota, on March 10, 2006. Most recently, on August 1, 2018, Peoples Bank acquired Pinnacle Bank located in Sioux City, Iowa. The main office has been located at 1230 Valley Drive in Rock Valley since February 9, 1999.
Below is a list of some important events in bank's history, including mergers and acquisitions.
08-01-2018Acquired Pinnacle Bank Sioux City in Sioux City, IA.
01-10-2008Acquired Farmers State Bank in Hawarden, IA.
03-10-2006Acquired Jasper State Bank in Jasper, MN.
05-23-2002Changed Primary Federal Regulatory Agency to FDIC.
05-23-2002Changed Organization Type to Commercial Bank.
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