HAMMOND | An immigrant saloon-keeper who had the neighborhood's only safe in his dance hall founded Peoples Bank in East Chicago in 1910, when the shining new steel mills brought in thousands of new residents, mostly from eastern and southern Europe.
Peoples Bank Chairman and CEO David Bochnowski speaks during a ribbon-cutting celebration Monday of the First Federal bank reopening as a Peoples Bank in downtown Hammond.
First Federal reopens as Peoples Bank in downtown Hammond, Ind. Monday July 29, 2014. Stephanie Dowell, The Times
Peoples Bank Chief Operating Officer Benjamin Bochnowski cuts the ribbon during a celebration of the First Federal bank reopening as a Peoples Bank in downtown Hammond, Ind. Monday July 28, 2014. Stephanie Dowell, The Times
Former First Federal President John Freyek, center, talks Monday with Peoples Bank Chairman and CEO David Bochnowski, left, and Peoples Bank Chief Operating Officer Benjamin Bochnowski during a ribbon-cutting celebration of the First Federal bank reopening as a Peoples Bank in downtown Hammond.
MUNSTER | Northwest Indiana Bancorp, the parent company of Munster-based Peoples Bank, posted a 14.2 percent bump in profits after completing its acquisition with Hammond-based First Federal.
Two longtime Northwest Indiana community banks have officially merged.
First Federal Savings and Loan Association president and CEO John Freyek started his banking career back when First Federal was across the street from Goldblatt's Department Store in downtown Hammond and most of the employees cashed their paychecks there.
MUNSTER | Peoples Bank has reached an agreement to buy First Federal Savings and Loan Association of Hammond, gaining two new branches in the first acquisition in its 103-year history.
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