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Early 20th century ad for Peoples Savings Bank. PeoplesBank is a branch bank incorporated on March 19, 1885 as Peoples Savings Bank.Its first president was William Skinner of William Skinner and Sons Silk, who would serve as the bank's president from its founding until 1901, a year before his passing.
In 2006, Hancock Bank of Alabama was issued a charter to operate in Alabama. [9] In 2009, the bank acquired Peoples First Bank of Panama City, Florida after the latter was seized by the Office of Thrift Supervision after suffering from bank failure. [10] [11] In 2011, the bank acquired Whitney Holding Corporation. [12] In 2017, the bank ...
In 1918, the 22,000-square foot, five-story headquarters of Rocky Mount National Bank, the historic district's tallest building, was built in Rocky Mount. [1] [2] Frank Pierce Milburn was the architect. [2] In 1934, the bank changed its name to People's Bank and Trust. The People's Building served as the bank's headquarters until the mid-1970s.
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]
Alabama National took over First American in 1997, [2] when First American had $223 million in assets and Alabama National had $929 million, ranking sixth in Alabama. Also in 1997, Alabama National entered Florida by opening Citizens & Peoples Bank in Escambia County. In 1998, Alabama National added two more Florida banks and entered Georgia.
In 1946 the bank sought a charter to become a national bank. After receiving the charter, the name of the bank changed to Birmingham Trust National Bank, which was commonly known as BTNB. In 1972 BTNB combined with three other Alabama banks to become the Alabama Financial Group, Inc. which was a holding company for the four banks.
Appointed by the Federal Reserve Bank Name Title Term Expires C. Richard Moore, Jr. Chairman, president and chief executive officer Peoples Southern Bank Clanton, Alabama: 2013 Macke B. Mauldin: President Bank Independent Sheffield, Alabama: 2014 James K. Lyons: Director and chief executive officer Alabama State Port Authority Mobile, Alabama ...
2019: Peoples Group receives Letters Patent of Incorporation for Peoples Bank of Canada. A Notice of Approval from the Office of the Superintendent of Financial Institutions (OSFI), and the Minister of Finance (Canada) was received. [7] 2014: Peoples Trust and InComm launch first MasterCard prepaid card for mobile payments in Canada.