Welcome to Peoples-Sidney Financial Corporation
Peoples-Sidney Financial Corporation, (“PPSF” OTCBB) a unitary thrift holding company incorporated under the laws of the state of Delaware, owns all of the issued and outstanding common shares of Peoples Federal Savings and Loan Association (Association). On April 28, 1997, PPSF acquired all of the common shares issued by the Association upon its conversion from a mutual savings and loan association to a stock savings and loan association (“Conversion”). PPSF’s activities have been limited to primarily holding the common shares of the Association, and its shares are traded on the OTCBB marketplace of the OTC Markets Group Inc., under the symbol “PPSF”.
The Association conducts business from its main office in Sidney, Ohio and full service branches in Anna, Jackson Center and the Sidney Wal-Mart Supercenter. The principal business of the Association is the origination of mortgage loans on one-to-four family residential real estate located in Shelby County, the Association’s primary lending area. The Association also originates loans for the construction of one-to-four family residences and permanent mortgage loans secured by multi-family and non-residential real estate in its primary market area. To a lesser extent, the Association originates various types of commercial and consumer credit. Such loans include: commercial lines of credit, home equity loans, motor vehicle loans, loans secured by savings accounts, and unsecured loans. Funds for lending and other investment activities are obtained primarily from savings deposits which are insured to applicable limits by the Federal Deposit Insurance Corporation (FDIC), principal repayments from loans, and borrowings from the Federal Home Loan Bank (FHLB).
As a savings and loan holding company, PPSF is subject to regulation, examination and oversight of the Board of Governors of the Federal Reserve System, and the Association is subject to regulation, examination and oversight by the Office of the Comptroller of the Currency of the United States Department of the Treasury (OCC).
PPSF’s office is located at 101 E. Court Street, Sidney, Ohio 45365. The telephone number is 937-492-6129.