State Bank of Loretto

State Bank of Loretto Overview

State Bank of Loretto, founded in October 22, 1910, is currently an active FDIC insured bank. The chartering agency for State Bank of Loretto is currently with the State. This FDIC insured bank is not being operated by government conservatorship. State Bank of Loretto has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

State Bank of Loretto 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 State Bank of Loretto

Bank Name State Bank of Loretto FDIC Bank Location for State Bank of Loretto
Address 699 North Medina Street
Loretto, MN 55357
County: Hennepin
Bank’s State: Minnesota
Website: http://www.statebankofloretto.com:80/

 

State Bank of Loretto Detailed Information

FDIC Certificate ID 8215
Bank Institution Name State Bank of Loretto
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $98,886,000
Total Deposits $70,689,000
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 Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance January 01, 1934
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 Hennepin
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

State Bank of Loretto is insured by the Federal Deposit Insurance Corporation (FDIC)

Leave a Reply