Mercantile Bank

Mercantile Bank Overview

Mercantile Bank, founded in April 9, 1906, is currently an inactive FDIC insured bank. The chartering agency for Mercantile Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mercantile Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

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

Address Location and Maps for Mercantile Bank

Bank Name Mercantile Bank FDIC Bank Location for Mercantile Bank
Address 200 North 33rd Street
Quincy, IL 62301
County: Adams
Bank’s State: Illinois
Website: http://www.mercantilebk.com:80/

 

Mercantile Bank Detailed Information

FDIC Certificate ID 11301
Bank Institution Name Mercantile Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 10913
Total Assets $663,601,000
Total Deposits $593,049,000
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 810
Change Code Description Participated in FDIC Insured Bank’s Absorption/Consolidation/Merger
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 Adams
Office of Thrift Supervision Region Central
Assigned Federal Reserve District Chicago
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

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