The Peoples Bank of Gambier, which is a small, independent, Community Bank with FDIC insurance, was originally capitalized with $25,000 and 95 shareholders. Today, while still comparatively small at $55 million, the Bank incorporates a full range of services and competes with much larger banks while keeping a local presence. The Bank is the only locally owned and operated community bank in Knox County. It expanded the service locations throughout the county by opening two additional offices in Mount Vernon.