Peoples State Bank of Madison Lake

Peoples State Bank of Madison Lake Overview

Peoples State Bank of Madison Lake, founded in November 15, 1901, is currently an inactive FDIC insured bank. The chartering agency for Peoples State Bank of Madison Lake is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Peoples State Bank of Madison Lake has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Peoples State Bank of Madison Lake is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Peoples State Bank of Madison Lake

Bank Name Peoples State Bank of Madison Lake FDIC Bank Location for Peoples State Bank of Madison Lake
Address 500 Main Street
Madison Lake, MN 56063
County: Blue Earth
Bank’s State: Minnesota
Website: http://www.psbmadlake.com:80/

 

Peoples State Bank of Madison Lake Detailed Information

FDIC Certificate ID 1923
Bank Institution Name Peoples State Bank of Madison Lake
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $23,701,000
Total Deposits $22,224,000
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 January 01, 1934
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
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 Blue Earth
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

Peoples State Bank of Madison Lake is insured by the Federal Deposit Insurance Corporation (FDIC)

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