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acquisitionAnnounced · Feb 19, 2026BankingSource · CredibleArticle · Factual
Alabama One Credit Union acquires Peoples Independent Bank
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$476M
Target
Peoples Independent Bank
Boaz, Alabama
Acquirer
Alabama One Credit Union
Full Acquisition
Status
Pending
Alabama One Credit Union agreed to acquire Peoples Independent Bank. Reported deal value: $476M. Status: Pending. Sector: Banking. Target headquarters context: Boaz, Alabama, United States.
This page summarizes publicly available information about the transaction as of 2026-02-19. Figures and status may change as filings and press coverage update.
Alabama ONE Continues Growth Strategy With Proposed Acquisition of Peoples Independent Bank By February 19, 2026 at 05:04 PM Share & Print Recommended For You / For questions about Credit Union Times, please call 800-458-1734 , or send an email to
Deal timeline
Announced
Feb 19, 2026 · cutimes.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Banking with a reported deal value of $476M. Figures and status may change as sources update.
Sources: cutimes.com · Primary article · FireStrike proprietary index