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What bank owns First PREMIER Bank?

First PREMIER Bank is a subsidiary of United National Corporation, a U.S.-based bank holding company headquartered in Sioux Falls, South Dakota and founded in 1990. First PREMIER Bank has been a subsidiary of United National Corporation since it was established as a separate division of the company in 1986.

Is Premier Bank FDIC insured?

Since PremierBank is an FDIC insured institution, it means that your qualifying deposits are insured by the federal government. And when your money is FDIC insured, you cant lose a penny, no matter what.

Is my money safe in a community bank?

Community banks tend to invest their assets more conservatively than larger banks, so they may be less likely to fail in the first place. But even so, as long as you opt for a community bank thats FDIC-insured, you wont have to worry about losing the money youve no doubt worked hard to save.

Who bought Premier Bank?

Peoples Bank completes acquisition of Premier Bank and Citizens Deposit Bank. Peoples Bancorp Inc. (Peoples) (Nasdaq: PEBO), parent company of Peoples Bank, announced that it has completed its acquisition of Premier Financial Bancorp, Inc.

What bank owns Premier Bank?

First Premier Bank Company typePrivate Company Total assets US$ 3 billion (2023) Number of employees 2,300 Parent United National Corporation Website firstpremier.com8 more rows

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