Peoples Bancorp (the "Company") is a holding company formed in 1990. Its stock is quoted on OTCQB under the symbol PBNI.
On March 26, 2008, Peoples Bancorp (OTCQB: PBNI) has completed the termination of the registration of our Common Stock and the reporting obligations with the Securities and Exchange Commission and is no longer eligible for trading on the Nasdaq Market. This transaction was approved by shareholders at the March 26, 2008 Annual Stockholders Meeting. After careful consideration, the Board of Directors concluded the costs of being a public company outweigh the benefits to a well-capitalized company of our size and going private will free up management to focus on long-term business prospects beneficial to shareholders and customers.
Peoples Bancorp, through its subsidiary, Peoples Federal Savings Bank, operates fifteen full-service offices located in Indiana and Michigan. The Indiana offices include branches in Auburn, Avilla, LaGrange, Garrett, Kendallville, Howe, Middlebury, Topeka, Waterloo, and two in Columbia City, Indiana. The Michigan offices are located in Three Rivers (two offices), Schoolcraft, and Union, Michigan.
The Banks’ financial services include mortgages, trusts, consumer banking, and individual retirement accounts.
Peoples Federal Savings Bank is a member of the Federal Home Loan Bank system, and its deposits are insured by the Federal Deposit Insurance Corp.