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Bank Branches › Closed and merged banks › Indiana › Peoples State Bank of Clay County

FDIC certificate 10480 · Poland, IN

What happened to Peoples State Bank of Clay County?

Peoples State Bank of Clay County in Poland, IN (earlier called The Poland-State Bank) failed, and First State Bank of Brazil, IN took it over on Aug 10, 1984. After 1 more change of hands, what was Peoples State Bank of Clay County is today part of First Financial Bank, National Association (Terre Haute, IN).

1934
opened
1984
failed
2
names it used
2
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1934
    The Poland-State Bank opens in Poland, IN
  2. Nov 24, 1975
    renamed Peoples State Bank of Clay County
  3. Aug 10, 1984
    FAILEDPeoples State Bank of Clay County failed, and First State Bank of Brazil, IN took it over.FDIC certificate 10480 ends; its business continues under certificate 25325.
  4. Jul 25, 2004
    MERGEDFirst State Bank of Brazil, IN merged into First Financial Bank, National Association of Terre Haute, IN.FDIC certificate 25325 ends; its business continues under certificate 4382.
  5. Today
    OPEN
    First Financial Bank, National AssociationMain office Terre Haute, IN · FDIC certificate 4382 · 82 offices in 5 states on June 30, 2026

    Every First Financial Bank, National Association office →   Website on file with the FDIC: www.first-online.bank

If you still have something from Peoples State Bank of Clay County

A lien that was never released

Peoples State Bank of Clay County failed on Aug 10, 1984. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to First Financial Bank, National Association, which is worth asking too.

Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, First State Bank). Start with First Financial Bank, National Association, and ask them to search under the name Peoples State Bank of Clay County.

This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask First Financial Bank, National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 10480 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.