1st State Bank

1st State Bank Overview

1st State Bank, founded in April 12, 2004, is currently an inactive 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 DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

1st State Bank is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on April 12, 2004.

Address Location and Maps for 1st State Bank

Bank Name 1st State Bank FDIC Bank Location for 1st State Bank
Address 4805 Towne Center Road, Suite 100
Saginaw, MI 48604
County: Saginaw
Bank’s State: Michigan
Website: http://www.1ststatebk.com:80/

 

1st State Bank Detailed Information

FDIC Certificate ID 57626
Bank Institution Name 1st State Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $160,969,000
Total Deposits $123,992,000
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 April 12, 2004
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 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 Saginaw
Office of Thrift Supervision Region Central
Assigned Federal Reserve District Chicago
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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