Western Dakota Bank

Western Dakota Bank Overview

Western Dakota Bank, founded in January 1, 1919, is currently an inactive FDIC insured bank. The chartering agency for Western Dakota Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Western Dakota Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Western Dakota Bank 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 Western Dakota Bank

Bank Name Western Dakota Bank FDIC Bank Location for Western Dakota Bank
Address Main Street
Timber Lake, SD 57656
County: Dewey
Bank’s State: South Dakota
Website: http://www.westerndakotabank.com:80/

 

Western Dakota Bank Detailed Information

FDIC Certificate ID 492
Bank Institution Name Western Dakota Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $27,038,000
Total Deposits $24,681,000
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 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 Dewey
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

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

Leave a Reply

Your email address will not be published. Required fields are marked *