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Bank Branches › Closed and merged banks › Kentucky › The First Commonwealth Bank of Prestonsburg, Inc.

FDIC certificate 2721 · Prestonsburg, KY

What happened to The First Commonwealth Bank of Prestonsburg, Inc.?

The First Commonwealth Bank of Prestonsburg, Inc. in Prestonsburg, KY (earlier called The First National Bank of Prestonsburg and 1 other name) merged into Peoples Bank of Marietta, OH on Apr 13, 2019. Peoples Bank is open today.

1904
opened
2019
merged away
3
names it used
1
step 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. 1904
    The First National Bank of Prestonsburg opens in Prestonsburg, KY
  2. Apr 7, 1980
    renamed The Commonwealth Bank of Prestonsburg, Inc.
  3. Jul 8, 1980
    renamed The First Commonwealth Bank of Prestonsburg, Inc.
  4. Apr 13, 2019
    MERGEDThe First Commonwealth Bank of Prestonsburg, Inc. merged into Peoples Bank of Marietta, OH.FDIC certificate 2721 ends; its business continues under certificate 6544.
  5. Today
    OPEN
    Peoples BankMain office Marietta, OH · FDIC certificate 6544 · 132 offices in 6 states on June 30, 2026

    Every Peoples Bank office →   Website on file with the FDIC: www.peoplesbancorp.com/

If you still have something from The First Commonwealth Bank of Prestonsburg, Inc.

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows The First Commonwealth Bank of Prestonsburg, Inc. as lienholder, start with Peoples Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Peoples Bank to search for the account under the name The First Commonwealth Bank of Prestonsburg, Inc.. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Peoples Bank which branch now holds boxes from the The First Commonwealth Bank of Prestonsburg, Inc. office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be 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. The office list below shows which bank each office reports under now.

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 ▾

Its offices in the FDIC deposit reports

15 offices filed under this charter in some year from 1994 on. 7 are still open as of June 30, 2026.

OfficeLast filed under itNow
311 N Arnold AvePrestonsburg, KY2018OpenPeoples Bank
601 N Mayo TrlPaintsville, KY2018OpenPeoples Bank
38 Triangle StMartin, KY2018OpenPeoples Bank
230 E Mountain PkwySalyersville, KY2018OpenPeoples Bank
87 Main StreetInez, KY2018OpenPeoples Bank
262 Cassidy BlvdPikeville, KY2018OpenPeoples Bank
838 North Arnold AvenuePrestonsburg, KY2018OpenPeoples Bank
11155 Us Highway 23 SouthBetsy Layne, KY2018No longer reported
3822 North Mayo TrailPikeville, KY2017No longer reported
12433 Main StreetMartin, KY2017No longer reported
420 North Lake DrivePrestonsburg, KY2017No longer reported
232 Main StreetPaintsville, KY2014No longer reported
111 S Church StreetSalyersville, KY2011No longer reported
1390 Flemingsburg RoadMorehead, KY2002No longer reported
3780 North Mayo TrailPikeville, KY2002No longer reported

Banks folded into The First Commonwealth Bank of Prestonsburg, Inc.

2 banks merged directly into this charter.

BankEndedHow
First Guaranty BankMartin, KYMay 31, 2017merged
Family Bank FSBPaintsville, KYApr 22, 2011merged

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 2721 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.