Peoples Bank and Trust Company

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The Peoples Bank and Trust Company was a Selma-based bank with two offices in Shelby County. Founded in the Dallas County town in 1902, it grew to become the 12th largest bank in Alabama, with 24 offices located in 10 Alabama counties and employing approximately 300 people.

Peoples Bank entered the Birmingham market in 1998 with the acquisition of Merchants and Planters Bank of Montevallo. It opened a de novo branch in Helena during 2000. On October 15, 2007, its holding company, The Peoples BancTrust Company, Inc., was acquired by Mobile-based BankTrust. The banks combined operations in 2008.

References

  • Jarvis, Crystal (October 26, 2007) "BancTrust profits drop 32 percent." Birmingham Business Journal

External Link

Peoples Bank and Trust website