Mercantile Bank MidWest

Mercantile Bank MidWest Overview

Mercantile Bank MidWest, founded in January 01, 1869, is currently an active FDIC insured bank. The chartering agency for Mercantile Bank MidWest is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mercantile Bank MidWest has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Reserve Board (FRB).

Mercantile Bank MidWest is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Mercantile Bank MidWest

Bank Name Mercantile Bank MidWest FDIC Bank Location for Mercantile Bank MidWest
Address East 5th And Locust Streets
Des Moines, IA 50309
County: Polk
Bank’s State: Iowa
Website: Unknown

 

Mercantile Bank MidWest Detailed Information

FDIC Certificate ID 1549
Bank Institution Name Mercantile Bank MidWest
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 10500
Total Assets $3,086,882,000
Total Deposits $2,716,760,000
Regulator Federal Reserve Board (FRB)
Bank Charter Class SM – Commercial Bank. Bank is supervised by the Federal Reserve Board (FRB). State Charter and Fed 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 Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Polk
Office of Thrift Supervision Region Western
Assigned Federal Reserve District Chicago
Oakar Institutions Yes
FDIC Field Office 0
Insured offices of foreign banks 0

Mercantile Bank MidWest is insured by the Federal Deposit Insurance Corporation (FDIC)

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