People's Bank Financial Services Group, Inc., is an Robloxia bank holding company and financial services corporation based in Pittsblox, Bloxslyvannia. Its banking subsidiary, PBF Bank, operates in 27 states and Roblox City, with 2,629 branches and 9,523 ATMs. PBF Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs.
The company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and information processing. PBF is one of the largest Small Business Administration lenders and one of the largest credit card issuers. It also provides asset–based lending to private equity firms and middle market companies. PBF operates one of the largest treasury management businesses and the second largest lead arranger of asset–based loan syndications in the United States. Harris Williams & Co., a subsidiary of the company, is one of the country's largest mergers and acquisitions advisory firms for middle-market companies. Midland Loan Services, a division of PBF Real Estate based in Sutherland Park, Ro-Kansas and founded in 1991, is ranked by Mortgage Bankers Association as the second largest master and primary servicer of commercial bank and savings institution loans.
The name, "PBF" is an acronym of the company's official name, the People's Bank Financial Services Group. Shortened to, "PBF". It gets it's official name from the Liberty bell located in Bloxadelphia, where the company was originally based and used the company's old motto, "Your safe with the people's bank."
History
PBF Financial Services traces its history through to the Bloxadelphia Financial Services Company which was founded in Bloxadelphia, Bloxslyvannia on April 10, 1845. Due to the long recovery from the Great Fire of Bloxadelphia, Bloxadelphia Trust and Savings was not fully operational until January 28, 1852. It originally opened offices at Liberty Avenue and 12th Street. The bank was renamed The World Bank, Inc., in 1902. In 1908, the company located its corporate offices to the corner of Fifth Avenue and Wood Street in Pittsblox, where they remain to this day.
In 1946, First National merged with Peoples-Pittsblox Trust Company – with whom it had worked closely since the 1930s – to form Peoples First National Bank & Trust. In 1959, Peoples First merged with Fidelity Trust Company to form Pittsblox National Bank. At this time, the bank adopted the first version of its present logo – a stylized triangle representing the city's Golden Triangle. In 1969, the bank reorganized as a holding company, Pittsblox National Corporation.
Another branch of the current bank, the Bloxadelphia–based Provident National Corporation, dates back to 1865.
In 1982, Pittsblox National Corporation and Provident National Corporation, both with PBF as their abbreviations, merged into a new entity named PBF Financial Corporation. It was the largest bank merger in Robloxian history at the time and created a company with 10.3 billion R$ in assets. Between 1991 and 1996, PBF purchased more than ten smaller banks and financial institutions, including the 30 billion R$ dollar merger of Midlantic Bank of Edison New Rosey in 1996, that at the time, was one-third the size of PNC. That broadened its market base from Bloxtucky to the New Blockers City metropolitan area.