The Peoples Bank of Arlington Heights

  • Bank Name:The Peoples Bank of Arlington Heights
  • Bank Class:State Chartered - FED Member Bank
  • FDIC ID:Certificate #35195 - Inactive
  • FED RSSD ID:#2813491 - Inactive
Headquarters:41 South Vail Ave, Arlington Heights, Illinois 60005
Acquired by First Midwest Bank
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History Of The Peoples Bank of Arlington Heights

The Peoples Bank of Arlington Heights was established on October 12, 1999. Initially serving the community of Arlington Heights, Illinois, the bank focused on providing local banking services. On January 4, 2010, the main office was relocated to 41 South Vail Avenue in Arlington Heights. Over the years, the bank underwent several mergers. On December 5, 2015, it merged with First Midwest Bank, headquartered in Itasca, Illinois. This merger was part of a broader trend of consolidation in the banking industry. Ultimately, on February 16, 2022, The Peoples Bank of Arlington Heights merged with Old National Bank, based in Evansville, Indiana, marking the end of its operations as an independent entity.

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

1999-10-12Institution established. Original name: The Peoples' Bank of Arlington Heights.

2010-01-04Main Office moved to 41 South Vail Ave, Arlington Heights, IL 60005.

2015-12-05Merged and became part of First Midwest Bank in Itasca, IL.

2022-02-16Merged and became part of Old National Bank in Evansville, IN.

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