The Bank of Arab Overview
The Bank of Arab, founded in January 1, 1921, is currently an active FDIC insured bank. The chartering agency for The Bank of Arab is currently with the State. This FDIC insured bank is not being operated by government conservatorship. The Bank of Arab has an FDIC insurance membership with the BIF - Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
The Bank of Arab is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.
Address Location and Maps for The Bank of Arab
| Bank Name | The Bank of Arab | |
| Address | U.S. Highway 231 North & 12th Avenue Arab, AL 35016 |
|
| County: | Marshall | |
| Bank’s State: | Alabama | |
| Website: | Unknown |
The Bank of Arab Detailed Information
| FDIC Certificate ID | 42 |
| Bank Institution Name | The Bank of Arab |
| Is the Bank Active? | Active |
| Office of Thrift Supervision Docket ID | Not an OTS Member |
| Total Assets | $32,225,000 |
| Total Deposits | $29,228,000 |
| 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 | Atlanta |
| Insured Savings Institution | No, Bank is not Savings Association Insurance Fund (SAIF) insured |
| State Charter | Yes |
| County | Marshall |
| Office of Thrift Supervision Region | Southeast |
| Assigned Federal Reserve District | Atlanta |
| Oakar Institutions | No |
| FDIC Field Office | 0 |
| Insured offices of foreign banks | 0 |
The Bank of Arab is insured by the Federal Deposit Insurance Corporation (FDIC)