Cabarrus Bank and Trust Company

Cabarrus Bank & Trust Company Overview

Cabarrus Bank & Trust Company, founded in April 10, 2003, is currently an inactive FDIC insured bank. The chartering agency for Cabarrus Bank & Trust Company is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Cabarrus Bank & Trust Company has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Reserve Board (FRB).

Cabarrus Bank & Trust Company is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on April 10, 2003.

Address Location and Maps for Cabarrus Bank & Trust Company

Bank Name Cabarrus Bank & Trust Company FDIC Bank Location for Cabarrus Bank & Trust Company
Address 25 Palaside Drive, N.E.
Concord, NC 28026
County: Cabarrus
Bank’s State: North Carolina
Website: http://www.cabarrusbankandtrust.com:80/

 

Cabarrus Bank & Trust Company Detailed Information

FDIC Certificate ID 57545
Bank Institution Name Cabarrus Bank & Trust Company
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $127,165,000
Total Deposits $112,588,000
Regulator Federal Reserve Board (FRB)
Bank Charter Class SM – Commercial Bank. Bank is supervised by the Federal Reserve Board (FRB). State Charter and Fed 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 April 10, 2003
Change Code 310
Change Code Description FDIC Insured Bank Becomes a Member of FRS (Federal Reserve System)
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 Atlanta
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Cabarrus
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Cabarrus Bank & Trust Company is insured by the Federal Deposit Insurance Corporation (FDIC)

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