Money

NorthWest Indiana Bancorp, Peoples Bank complete purchase of Illinois-based AJS Bancorp Inc.

NorthWest Indiana Bancorp of Munster, the parent of Peoples Bank SB, announced Jan. 24 it had completed its purchase of AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill. in a stock and cash transaction. The company announced the deal on July 31. A.J. Smith Federal Savings Bank operated

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Peoples Bank

NorthWest Indiana Bancorp, Peoples Bank buying AJS Bancorp Inc., A.J. Smith Federal Savings Bank of Illinois

MUNSTER – NorthWest Indiana Bancorp, parent of Peoples Bank SB, is continuing its expansion into Illinois. The company announced July 31 it will acquire AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill., which operates one branch in Midlothian, Ill. and two in Orland Park, Ill., in a stock

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