Peoples Bank
- Bank Name:Peoples Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #29523
- Routing Number:ACH & Wire - 271973924
- Locations:26 Branches in 2 states
- Web Address:ibankpeoples.com
Peoples Bank Information
Peoples Bank was founded in January 1916 and is based in Munster, Indiana. The bank operates as a subsidiary of Finward 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 29523. The assigned Fed RSSD ID of Peoples Bank is 568470.
Peoples Bank currently operates with 26 branches located in 2 states. The bank has most branches in Indiana and Illinois. As of today, Peoples Bank is the 315th largest bank in US by branch count. Peoples Bank is the 24th largest bank in Indiana with 14 branches; 50th in Illinois with 12 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Peoples Bank is 271973924. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 9204 Columbia Avenue, Munster, IN 46321. You can visit the official website of the bank at https://www.ibankpeoples.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 that was established on January 1, 1916, originally named Peoples Federal Savings and Loan Association. Over the years, it underwent several changes in organization type and name. In 1985, the bank moved its main office to Munster, Indiana, and by 1989, it had changed its name to Peoples Bank, A Federal Savings Bank and became a stock savings bank. In 1994, it adopted the name Peoples Bank Sb, transitioning to a state-chartered institution regulated by the Federal Deposit Insurance Corporation (FDIC). The bank underwent a significant transformation on May 22, 2020, when it changed its name to Peoples Bank, changed its organization type to a commercial bank, and became a state-chartered bank not a member of the Federal Reserve System. Peoples Bank has expanded its footprint through acquisitions, including Royal Savings Bank in Chicago, Illinois, on January 31, 2022; A J Smith Federal Savings Bank in Midlothian, Illinois, on January 24, 2019; and several others in the preceding years, such as First Personal Bank in Orland Park, Illinois, in July 2018 and Liberty Savings Bank in Whiting, Indiana, in July 2015.
Below is a list of some important events in bank's history, including mergers and acquisitions.
01-31-2022Acquired Royal Savings Bank in Chicago, IL.
05-22-2020Changed Organization Type to Commercial Bank.
05-22-2020Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
05-22-2020Changed Institution Name to Peoples Bank.
01-24-2019Acquired A J Smith Federal Savings Bank (27831) in Midlothian, IL.
Reviews & Complaints
Submit your comment, review or complaint about Peoples Bank.
I came here for a loan on a house. Valerie Anderson is who helped me. It was my first time purchasing a home and I was completely lost. She was so kind and such a huge help. Val took care of everything and answered all my late night texts. She also had a sit down with me to help me understand all the information. If you want to buy a house and move in fast Valerie Anderson is who you need. Serious... Read more