1st State Bank

1st State Bank Overview

1st State Bank, founded in January 1, 1914, is currently an active FDIC insured bank. The chartering agency for 1st State Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. 1st State Bank has an FDIC insurance membership with the SAIF – Savings Association Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

1st State Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 13, 1934.

Address Location and Maps for 1st State Bank

Bank Name 1st State Bank FDIC Bank Location for 1st State Bank
Address 445 South Main Street
Burlington, NC 27215
County: Alamance
Bank’s State: North Carolina
Website: http://www.1ststatebanknc.com:80/

 

1st State Bank Detailed Information

FDIC Certificate ID 27789
Bank Institution Name 1st State Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 286
Total Assets $370,428,000
Total Deposits $271,499,000
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 SAIF – Savings Association Insurance Fund
Date of Deposit Insurance December 13, 1934
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 Atlanta
Insured Savings Institution Yes, Bank is Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Alamance
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

1st State Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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