Bank Branches › Closed and merged banks › Alabama › The Peoples Bank of Coffee County
What happened to The Peoples Bank of Coffee County?
The Peoples Bank of Coffee County in Elba, AL merged into Troy Bank & Trust Company of Troy, AL on Jul 1, 2008. Troy Bank & Trust Company is open today.
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.
- 1995The Peoples Bank of Coffee County opens in Elba, AL
- Jul 1, 2008MERGEDThe Peoples Bank of Coffee County merged into Troy Bank & Trust Company of Troy, AL.FDIC certificate 33985 ends; its business continues under certificate 5598.
- TodayOPEN
Troy Bank & Trust CompanyMain office Troy, AL · FDIC certificate 5598 · 13 offices in 1 state on June 30, 2026Every Troy Bank & Trust Company office → Website on file with the FDIC: www.troybankandtrust.com
If you still have something from The Peoples Bank of Coffee County
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows The Peoples Bank of Coffee County as lienholder, start with Troy Bank & Trust Company. 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 Troy Bank & Trust Company to search for the account under the name The Peoples Bank of Coffee County. 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 Troy Bank & Trust Company which branch now holds boxes from the The Peoples Bank of Coffee County 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
3 offices filed under this charter in some year from 1994 on. 2 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 429 Claxton Ave NElba, AL | OpenTroy Bank & Trust Company |
| 108 W Mckinnon StNew Brockton, AL | OpenTroy Bank & Trust Company |
| 1110 North Boll Weevil Circle, Suite CEnterprise, AL | No longer reported |
Banks folded into The Peoples Bank of Coffee County
1 bank merged directly into this charter; counting the banks those had absorbed earlier, 3 charters end up inside it.
| Bank | Ended |
|---|---|
| The Peoples BankElba, AL | Feb 18, 1995 |
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 33985 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.