1st American State Bank of Minnesota

1st American State Bank of Minnesota Overview

1st American State Bank of Minnesota, founded in January 1, 1936, is currently an active FDIC insured bank. The chartering agency for 1st American State Bank of Minnesota is currently with the State. This FDIC insured bank is not being operated by government conservatorship. 1st American State Bank of Minnesota has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

1st American State Bank of Minnesota is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 12, 1936.

Address Location and Maps for 1st American State Bank of Minnesota

Bank Name 1st American State Bank of Minnesota FDIC Bank Location for 1st American State Bank of Minnesota
Address Main Street
Hancock, MN 56244
County: Stevens
Bank’s State: Minnesota
Website: Unknown

 

1st American State Bank of Minnesota Detailed Information

FDIC Certificate ID 15448
Bank Institution Name 1st American State Bank of Minnesota
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $18,155,000
Total Deposits $16,327,000
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 December 12, 1936
Change Code 211
Change Code Description Absorption – FDIC Insured Bank Assisted
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 Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Stevens
Office of Thrift Supervision Region West
Assigned Federal Reserve District Kansas City
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

1st American State Bank of Minnesota is insured by the Federal Deposit Insurance Corporation (FDIC)

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