Grand Timber Bank

Grand Timber Bank Overview

Grand Timber Bank, founded in March 18, 1963, is currently an inactive FDIC insured bank. The chartering agency for Grand Timber Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Grand Timber Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Grand Timber Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on March 18, 1963.

Address Location and Maps for Grand Timber Bank

Bank Name Grand Timber Bank FDIC Bank Location for Grand Timber Bank
Address 204 North Maddy Street
Mcgregor, MN 55760
County: Aitkin
Bank’s State: Minnesota


Grand Timber Bank Detailed Information

FDIC Certificate ID 18719
Bank Institution Name Grand Timber Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 9307
Total Assets $41,805,000
Total Deposits $36,935,000
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 March 18, 1963
Change Code 0
Change Code Description No FDIC Insured Bank Changes
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 Aitkin
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

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

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