Peoples State Bank

  • Bank Name:Peoples State Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #13992 - Inactive
  • FED RSSD ID:#505242 - Inactive
Headquarters:109 South Locust Street, Winfield, Iowa 52659
Acquired by Wayland State Bank
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History Of Peoples State Bank

Peoples State Bank was established on January 1, 1934. Over the years, the bank underwent several significant changes. In 1989, the main office was relocated to 102 South Locust in Winfield, Iowa. A further relocation took place on December 15, 2003, when the main office moved to 109 South Locust Street in Winfield, Iowa. On October 1, 2016, Peoples State Bank merged with Wayland State Bank, which is located in Mount Pleasant, Iowa. This merger was part of a series of consolidations within the banking industry. The most recent change occurred on July 12, 2024, when Peoples State Bank merged and became part of Pilot Grove Savings Bank in Pilot Grove, Iowa.

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

1934-01-01Institution established. Original name: Peoples State Bank.

1989-09-30Main Office moved to 102 South Locust, Winfield, IA 52659.

2003-12-15Main Office moved to 109 South Locust Street, Winfield, IA 52659.

2016-10-01Merged and became part of Wayland State Bank in Mount Pleasant, IA.

2024-07-12Merged and became part of Pilot Grove Savings Bank in Pilot Grove, IA.

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