Founders Bank & Trust Overview
Founders Bank & Trust, founded in December 10, 1991, is currently an inactive FDIC insured bank. The chartering agency for Founders Bank & Trust is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Founders Bank & Trust has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
Founders Bank & Trust is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 10, 1991.
Address Location and Maps for Founders Bank & Trust
Bank Name | Founders Bank & Trust | |
Address | 5200 Cascade Road, S.E. Grand Rapids, MI 49546 |
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County: | Kent | |
Bank’s State: | Michigan | |
Website: | http://www.foundersbt.com:80/ |
Founders Bank & Trust Detailed Information
FDIC Certificate ID | 33533 |
Bank Institution Name | Founders Bank & Trust |
Is the Bank Active? | Inactive |
Office of Thrift Supervision Docket ID | 13435 |
Total Assets | $417,034,000 |
Total Deposits | $347,381,000 |
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 | December 10, 1991 |
Change Code | 510 |
Change Code Description | FDIC Insured Bank’s Name has Changed |
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 | Kent |
Office of Thrift Supervision Region | Central |
Assigned Federal Reserve District | Chicago |
Oakar Institutions | No |
FDIC Field Office | 0 |
Insured offices of foreign banks | 0 |
Founders Bank & Trust is insured by the Federal Deposit Insurance Corporation (FDIC)