Peoples Federal Savings Bank of DeKalb County

Peoples Federal Savings Bank of DeKalb County was established on January 1, 1925, originally named Peoples Federal Savings and Loan Association of DeKalb County. Over the years, the institution underwent several changes, including a change in organizational structure to a stock savings bank on July 31, 1987, and a subsequent name change to Peoples Federal Savings Bank of DeKalb County on the same date. The bank expanded its operations through acquisitions, notably acquiring Auburn Federal Savings and Loan Association in Auburn, Indiana, in March 1982, and First Federal Savings and Loan Association of Kendallville in Kendallville, Indiana, in August 1990. Further growth continued with the acquisition of First Savings Bank, A Fsb in Three Rivers, Michigan, on October 1, 2007. On July 21, 2011, the bank changed its primary federal regulatory agency to the Office of the Comptroller of the Currency. Eventually, on July 1, 2015, Peoples Federal Savings Bank merged with Horizon Bank, National Association based in Michigan City, Indiana. The institution was rebranded as Horizon Bank on June 24, 2017.

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

1925-01-01Institution established. Original name: Peoples Federal Savings and Loan Association of Dekalb County.

1982-03-31Acquired Auburn Federal Savings and Loan Association in Auburn, IN.

1987-07-31Changed Organization Type to Stock Savings Bank.

1987-07-31Changed Institution Name to Peoples Federal Savings Bank of Dekalb County.

1990-08-31Acquired First Federal Savings and Loan Association of Kendallville in Kendallville, IN.

2007-10-01Acquired First Savings Bank, A Fsb in Three Rivers, MI.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2015-07-01Merged and became part of Horizon Bank, National Association in Michigan City, IN.

2017-06-24Changed Institution Name to Horizon Bank.