Discover Bank

Discover Bank Overview

Discover Bank, founded in August 30, 1911, is currently an inactive FDIC insured bank. The chartering agency for Discover Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Discover Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Discover Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Discover Bank

Bank Name Discover Bank FDIC Bank Location for Discover Bank
Address 502 E. Market Street
Greenwood, DE 19950
County: Sussex
Bank’s State: Delaware


Discover Bank Detailed Information

FDIC Certificate ID 5649
Bank Institution Name Discover Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $63,339,641,000
Total Deposits $35,160,789,000
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 Yes, bank is a credit card institution. Credit card loans exceed 50% of total assets including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Sussex
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

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