A little about Peoples Savings and Loan Company…
Our goal is to become your family financial center. We are locally owned and operated. Our staff is here to serve you. Unlike big corporations, we make decisions on an individual basis, not by some arbitrary number.
Stop in sometime, we would be glad to let you know what we offer. We want to earn your business.
– David Coffman, C.E.O., Peoples Savings & Loan Company
Welcome, from our CEO
Hello, I am David Coffman, CEO of Peoples Savings and Loan Company and I would like to welcome you to our website. I hope you will find it useful and informative. Peoples Savings and Loan Company has been independently owned and operated since its founding in 1888. We are proud to be a supporter of the Crawford County community for over 130 years.
We specialize in loans for the purchase, construction, or remodel of your home, and we can also finance your automobile needs. In addition to our lending products, Peoples Savings and Loan offers a variety of savings products including Passbook and Statement Savings, Checking accounts, Certificates of Deposit, and Individual Retirement accounts. We also offer ATM/Debit Cards and free Online and Mobile Banking.
At Peoples Savings and Loan Company we take great pride in offering excellent service and continue to enhance or add new products to better serve our customers. We have an experienced staff who can help you with all of your financial needs. We look forward to serving you and we hope that you will consider Peoples Savings and Loan Company as your community financial center.
Peoples Savings and Loan Company Board of Directors
L. Samuel Eichhorn
Chairman of the Board
Steven C. Shields
President
Gregory A. Schifer
Vice President
William A. Fisher
Vice President
David A. Coffman
C.E.O., Exec Vice President
Renae Cox
Board Member
Brad Mckibben
Board Member
Our History
The Founding of Peoples Savings Loan and Building Company
Forty people were in attendance at the first official meeting of Peoples Savings Loan and Building Company on January 27th, 1888. Our first location was in the insurance office of A. J. Richards.
January 27, 1888
First Building for Peoples Savings Loan and Building Company
The original building for Peoples Savings Loan and Building Company. This building, on the Quinby Block, was used only for a “short time” before we moved into our next location.
January 28, 1888
First loan made
The first loan made by Peoples Savings Loan and Building Company was on February 6, 1888 for $1,750.00.
February 6, 1888
Second Building with current name of Peoples Savings and Loan Company
This is our second building, found at 236 East Mansfield Street across from the YMCA.
In this year, the name of our institution was shortened to Peoples Savings and Loan Company.
July 4, 1888
Our third move for Peoples Savings and Loan Company
Thirty-seven years later, in October of 1925, we moved again. This time we moved into our “spacious quarters” at 207 South Sandusky Ave. The rooms in this building were considered to be spacious by 1925 standards. The business started growing rapidly during this time.
October 8, 1925
50th Year Anniversary
Peoples Savings and Loan Company celebrates 50 years of service to our community.
January 27, 1938
75th Year Anniversary
Peoples Savings and Loan Company celebrates 75 years of service to our community.
January 27, 1963
Open House for new building
Peoples Savings and Loan Company have an open house for their new building at South Walnut and East Rensselaer Streets. This was held on Saturday June 15th from 3:00 to 9:00PM.
June 15, 1963
100th Year Anniversary
Peoples Savings and Loan Company celebrates 100 years of service to our community.
January 27, 1988
Growing and planning for our new, current building
We started to quickly grow out of the building that was built in 1963. Our current employee count is 17.
June 4, 1999
Breaking ground at our current location
We had outgrown our old location and decided to build a new building. This is an article about the new location’s ceremony.
April 4, 2000
Open house in our current building
This is our open house for our new and current building. We started serving our community in the new building on Saturday, October 6th, 2001.
October 6, 2001
PSALC adds online banking
PSALC starts offering online banking free to all customers.
June 7, 2004
125th Year Anniversary
Peoples Savings and Loan Company celebrates 125 years of service to our community.
January 27, 2013