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Peoples Independent Bank
✓ FDIC-insured · Active FDIC Certificate #27233
Peoples Independent Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Boaz, Alabama, established in 1988. As of the 06/30/2026 FDIC call report, it reported $486M in total assets and $441M in deposits. FDIC location data lists 9 offices in Alabama. The FDIC classifies it as a community bank. It is owned by the holding company PEOPLES IND BANCSHARES INC (Boaz, AL).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 9 of Peoples Independent Bank's FDIC-listed offices are in Alabama. Browse banks in Boaz for other local options.
Branch locations
| Peoples Independent Bank Horizon Bank Branch · Full Service - Brick And Mortar | 1167 Main St Fyffe, AL 35971 Map ↗ |
| Peoples Independent Bank Powell Branch · Full Service - Brick And Mortar | 3736 Main Street Powell Fyffe, AL 35971 Map ↗ |
| Peoples Independent Bank Sylvania Branch · Full Service - Brick And Mortar | 23083 Alabama Highway 75 Sylvania, AL 35988 Map ↗ |
| Peoples Independent Bank Scottsboro Branch · Full Service - Brick And Mortar | 820 S Broad St Scottsboro, AL 35768 Map ↗ |
| Peoples Independent Bank Peoples Independent Bank · Full Service - Brick And Mortar | 121 Billy B. Dyar Boulevard Boaz, AL 35957 Map ↗ |
| Peoples Independent Bank Hokes Bluff Branch · Full Service - Brick And Mortar | 5690 Us Highway 278 E Gadsden, AL 35903 Map ↗ |
| Peoples Independent Bank Douglas Branch · Full Service - Brick And Mortar | 99 Alabama Highway 168 Horton, AL 35980 Map ↗ |
| Peoples Independent Bank Steele Branch · Full Service - Brick And Mortar | 3915 Pope Ave Steele, AL 35987 Map ↗ |
| Peoples Independent Bank Gurley Office Branch · Full Service - Brick And Mortar | 111 Steel Dr Gurley, AL 35748 Map ↗ |
Holding company: PEOPLES IND BANCSHARES INC
The FDIC lists PEOPLES IND BANCSHARES INC, based in Boaz, AL, as the top holding company for Peoples Independent Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Alabama
Active FDIC-insured banks headquartered in Alabama with total assets closest to Peoples Independent Bank's $486M. See all banks in Alabama.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Merit Bank | Huntsville | $582M | 1 |
| EvaBank | Eva | $491M | 6 |
| Robertson Banking Company | Demopolis | $463M | 8 |
| Cullman Savings Bank | Cullman | $457M | 5 |
| The Bank of Vernon | Vernon | $445M | 5 |
| First Jackson Bank, Inc. | Stevenson | $444M | 7 |
| NobleBank & Trust | Anniston | $444M | 6 |
| State Bank & Trust | Winfield | $413M | 5 |
Peoples Independent Bank: common questions
Is Peoples Independent Bank FDIC-insured?
Yes. Peoples Independent Bank is an active FDIC-insured institution, FDIC Certificate #27233. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Peoples Independent Bank headquartered?
Peoples Independent Bank is headquartered at 121 Billy B. Dyar Boulevard, Boaz, AL 35957, according to FDIC records.
How many branches does Peoples Independent Bank have?
FDIC location data lists 9 offices for Peoples Independent Bank, all in Alabama.
Who owns Peoples Independent Bank?
The FDIC lists PEOPLES IND BANCSHARES INC of Boaz, AL as the top holding company for Peoples Independent Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.