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You First Banking is coming to A.J. Smith Federal Savings Banks Customers

Chief Executive Officer's Message

We’re excited to share the great news that bank regulators have approved the merger of A.J. Smith Federal Savings Bank with Peoples Bank and the merger is scheduled to take place on January 24, 2019. A.J. Smith will join Peoples, and all A.J. Smith locations will remain open resulting in 22 Banking Centers across South Suburban Chicagoland and Northwest Indiana to better serve you.

Peoples Bank is a full-service community bank headquartered in Munster, Indiana, and our mission is to help our customers and communities be more successful. Our commitment to You First Banking is our promise to provide you with an exceptional banking experience and personal value to help you meet your ever-changing financial needs.

Our next step is to bring together the technology systems of A.J. Smith and Peoples Bank so that you will have the seamless use of 22 Banking Centers throughout South Suburban Chicagoland and Northwest Indiana. Once the systems are integrated, you will have an expanded menu of personal, business, electronic, and wealth management products and services. At that time, you will also have access to over 55,000 ATMs nationwide through the Allpoint Network. Until this occurs, the A.J. Smith locations will remain open for business as usual.

As your Community Bank, we feel a responsibility to provide the products and services you need to be able to bank however and whenever you choose. It’s our goal to ensure that Peoples Bank is the partner that helps you reach your financial goals based on your individual needs. At Peoples Bank, technology enhances the banking experience, but will never replace the relationships we build with our customers.

You will be receiving more information in the next few months to help acquaint you with our wide range of traditional and electronic products and services, as well as the benefits of banking with Peoples. In the meantime, we invite you to visit us on the web at ibankpeoples.com for merger updates and to learn more about us.

Sincerely,

Benjamin Bochnowski

President and Chief Executive Officer