Bank Independent

Bank Independent Overview

Bank Independent, founded in August 2, 1947, is currently an inactive FDIC insured bank. The chartering agency for Bank Independent is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Bank Independent has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Reserve Board (FRB).

Bank Independent is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on August 02, 1947.

Address Location and Maps for Bank Independent

Bank Name Bank Independent FDIC Bank Location for Bank Independent
Address 710 South Montgomery Avenue
Sheffield, AL 35660
County: Colbert
Bank’s State: Alabama
Website: http://www.bibank.com:80/

 

Bank Independent Detailed Information

FDIC Certificate ID 16604
Bank Institution Name Bank Independent
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 9993
Total Assets $999,259,000
Total Deposits $844,356,000
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 No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance August 02, 1947
Change Code 660
Change Code Description Change in FDIC Insured Bank’s Geographic Region/Area/Territory/Field Office
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 Colbert
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

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