First Exchange Bank

First Exchange Bank Overview

First Exchange Bank, founded in June 27, 1932, is currently an inactive FDIC insured bank. The chartering agency for First Exchange Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. First Exchange Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

First Exchange Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for First Exchange Bank

Bank Name First Exchange Bank FDIC Bank Location for First Exchange Bank
Address 11 West Main Street
Mannington, WV 26582
County: Marion
Bank’s State: West Virginia
Website: http://www.firstexchangebank.com:80/

 

First Exchange Bank Detailed Information

FDIC Certificate ID 13020
Bank Institution Name First Exchange Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 10261
Total Assets $204,285,000
Total Deposits $184,488,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance January 01, 1934
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Atlanta
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Marion
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

First Exchange Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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