Square 1 Bank Overview
Square 1 Bank, founded in August 8, 2005, is currently an inactive FDIC insured bank. The chartering agency for Square 1 Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Square 1 Bank has an FDIC insurance membership with the DIF - Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
Square 1 Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on August 08, 2005.
Address Location and Maps for Square 1 Bank
| Bank Name | Square 1 Bank | |
| Address | 406 Blackwell Street, Suite 240 Durham, NC 27701 |
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| County: | Durham | |
| Bank’s State: | North Carolina | |
| Website: | http://www.square1financial.com:80/bank/ |
Square 1 Bank Detailed Information
| FDIC Certificate ID | 58021 |
| Bank Institution Name | Square 1 Bank |
| Is the Bank Active? | Inactive |
| Office of Thrift Supervision Docket ID | Not an OTS Member |
| Total Assets | $1,490,076,000 |
| Total Deposits | $1,366,701,000 |
| 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 | August 08, 2005 |
| Change Code | 525 |
| Change Code Description | No FDIC Insured Bank Changes |
| 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 | Atlanta |
| Insured Savings Institution | No, Bank is not Savings Association Insurance Fund (SAIF) insured |
| State Charter | Yes |
| County | Durham |
| Office of Thrift Supervision Region | Southeast |
| Assigned Federal Reserve District | Atlanta |
| Oakar Institutions | No |
| FDIC Field Office | 0 |
| Insured offices of foreign banks | 0 |
Square 1 Bank is insured by the Federal Deposit Insurance Corporation (FDIC)