Archer Bank

Archer Bank Overview

Archer Bank, founded in November 3, 1962, is currently an inactive FDIC insured bank. The chartering agency for Archer Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Archer Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Archer Bank is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on November 03, 1962.

Address Location and Maps for Archer Bank

Bank Name Archer Bank FDIC Bank Location for Archer Bank
Address 4970 South Archer Avenue
Chicago, IL 60632
County: Cook
Bank’s State: Illinois
Website: http://www.archerbank.com:80/

 

Archer Bank Detailed Information

FDIC Certificate ID 18625
Bank Institution Name Archer Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $572,207,000
Total Deposits $514,031,000
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 November 03, 1962
Change Code 810
Change Code Description Participated in FDIC Insured Bank’s Absorption/Consolidation/Merger
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 Chicago
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Cook
Office of Thrift Supervision Region Central
Assigned Federal Reserve District Chicago
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

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