Family Merchants Bank Overview
Family Merchants Bank, founded in June 1, 2005, is currently an active FDIC insured bank. The chartering agency for Family Merchants Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Family Merchants Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
Family Merchants Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on June 01, 2005.
Address Location and Maps for Family Merchants Bank
Bank Name | Family Merchants Bank | |
Address | 600 Boyson Road Northeast Cedar Rapids, IA 52402 |
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County: | Linn | |
Bank’s State: | Iowa | |
Website: | Unknown |
Family Merchants Bank Detailed Information
FDIC Certificate ID | 58028 |
Bank Institution Name | Family Merchants Bank |
Is the Bank Active? | Active |
Office of Thrift Supervision Docket ID | Not an OTS Member |
Total Assets | $37,265,000 |
Total Deposits | $24,094,000 |
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 | June 01, 2005 |
Change Code | 223 |
Change Code Description | Merger – FDIC Insured Bank Without Assistance |
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? | Yes |
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 | Linn |
Office of Thrift Supervision Region | Western |
Assigned Federal Reserve District | Kansas City |
Oakar Institutions | No |
FDIC Field Office | 0 |
Insured offices of foreign banks | 0 |
Family Merchants Bank is insured by the Federal Deposit Insurance Corporation (FDIC)