Southern Community Bank Atlantic

Southern Community Bank, Atlantic Overview

Southern Community Bank, Atlantic, founded in October 9, 1998, is currently an active FDIC insured bank. The chartering agency for Southern Community Bank, Atlantic is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Southern Community Bank, Atlantic has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Southern Community Bank, Atlantic is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on October 09, 1998.

Address Location and Maps for Southern Community Bank, Atlantic

Bank Name Southern Community Bank, Atlantic FDIC Bank Location for Southern Community Bank, Atlantic
Address 16055 Emerald Coast Parkway, West, Suite 104
Destin, FL 32541
County: Okaloosa
Bank’s State: Florida
Website: http://www.southernbank.net:80/

 

Southern Community Bank, Atlantic Detailed Information

FDIC Certificate ID 34816
Bank Institution Name Southern Community Bank, Atlantic
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $137,675,000
Total Deposits $124,572,000
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 October 09, 1998
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 Atlanta
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Okaloosa
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Southern Community Bank, Atlantic is insured by the Federal Deposit Insurance Corporation (FDIC)

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