First State Bank of Babbitt

First State Bank of Babbitt Overview

First State Bank of Babbitt, founded in September 21, 1956, is currently an active FDIC insured bank. The chartering agency for First State Bank of Babbitt is currently with the State. This FDIC insured bank is not being operated by government conservatorship. First State Bank of Babbitt has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

First State Bank of Babbitt is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on September 21, 1956.

Address Location and Maps for First State Bank of Babbitt

Bank Name First State Bank of Babbitt FDIC Bank Location for First State Bank of Babbitt
Address Main Street
Babbitt, MN 55706
County: St. Louis
Bank’s State: Minnesota
Website: Unknown

 

First State Bank of Babbitt Detailed Information

FDIC Certificate ID 17668
Bank Institution Name First State Bank of Babbitt
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $13,063,000
Total Deposits $12,004,000
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 September 21, 1956
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 St. Louis
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

First State Bank of Babbitt is insured by the Federal Deposit Insurance Corporation (FDIC)

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