Commercial Bank of Minnesota

Commercial Bank of Minnesota Overview

Commercial Bank of Minnesota, founded in May 29, 1953, is currently an inactive FDIC insured bank. The chartering agency for Commercial Bank of Minnesota is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Commercial Bank of Minnesota has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Commercial Bank of Minnesota is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on May 29, 1953.

Address Location and Maps for Commercial Bank of Minnesota

Bank Name Commercial Bank of Minnesota FDIC Bank Location for Commercial Bank of Minnesota
Address 274 10th Street
Heron Lake, MN 56137
County: Jackson
Bank’s State: Minnesota
Website: http://www.commercialbankmn.com:80/

 

Commercial Bank of Minnesota Detailed Information

FDIC Certificate ID 17225
Bank Institution Name Commercial Bank of Minnesota
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $35,143,000
Total Deposits $31,451,000
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 May 29, 1953
Change Code 510
Change Code Description FDIC Insured Bank’s Name has Changed
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 Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Jackson
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

Commercial Bank of Minnesota is insured by the Federal Deposit Insurance Corporation (FDIC)

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