Merchants Commercial Bank

Merchants Commercial Bank Overview

Merchants Commercial Bank, founded in October 30, 2006, is currently an inactive FDIC insured bank. The chartering agency for Merchants Commercial Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Merchants Commercial Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Merchants Commercial Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on October 30, 2006.

Address Location and Maps for Merchants Commercial Bank

Bank Name Merchants Commercial Bank FDIC Bank Location for Merchants Commercial Bank
Address 4608 Tutu Park Mall
St Thomas, VI 802
County: St. Thomas
Bank’s State: Virgin Islands
Website: http://www.mcbvi.com:80/

 

Merchants Commercial Bank Detailed Information

FDIC Certificate ID 58184
Bank Institution Name Merchants Commercial Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $87,585,000
Total Deposits $75,256,000
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 October 30, 2006
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 New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County St. Thomas
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

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

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