Mercantile County Bank

Mercantile County Bank Overview

Mercantile County Bank, founded in January 1, 1908, is currently an active FDIC insured bank. The chartering agency for Mercantile County Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mercantile County Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Mercantile County Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 29, 1934.

Address Location and Maps for Mercantile County Bank

Bank Name Mercantile County Bank FDIC Bank Location for Mercantile County Bank
Address 123 North Street
Elkton, MD 21921
County: Cecil
Bank’s State: Maryland
Website: Unknown

 

Mercantile County Bank Detailed Information

FDIC Certificate ID 13779
Bank Institution Name Mercantile County Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 11492
Total Assets $997,780,000
Total Deposits $819,661,000
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 29, 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 New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Cecil
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

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