Merchants and Planters Bank

Merchants and Planters Bank Overview

Merchants and Planters Bank, founded in January 01, 1889, is currently an active FDIC insured bank. The chartering agency for Merchants and Planters Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Merchants and Planters Bank has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

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

Address Location and Maps for Merchants and Planters Bank

Bank Name Merchants and Planters Bank FDIC Bank Location for Merchants and Planters Bank
Address 302 East Main Street
Newport, TN 37821
County: Cocke
Bank’s State: Tennessee
Website: Unknown

 

Merchants and Planters Bank Detailed Information

FDIC Certificate ID 1488
Bank Institution Name Merchants and Planters Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $160,877,000
Total Deposits $146,464,000
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 Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance January 01, 1934
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
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? Yes
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 Dallas
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Cocke
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Dallas
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Merchants and Planters Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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