Otisco State Bank

Otisco State Bank Overview

Otisco State Bank, founded in April 1, 1914, is currently an active FDIC insured bank. The chartering agency for Otisco State Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Otisco State Bank has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Otisco State Bank is assigned uner the Kansas City Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Otisco State Bank

Bank Name Otisco State Bank FDIC Bank Location for Otisco State Bank
Address Main Street
Otisco, MN 56077
County: Waseca
Bank’s State: Minnesota
Website: Unknown

 

Otisco State Bank Detailed Information

FDIC Certificate ID 8835
Bank Institution Name Otisco State Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $16,085,000
Total Deposits $14,577,000
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 Kansas City
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Waseca
Office of Thrift Supervision Region West
Assigned Federal Reserve District Kansas City
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Otisco State Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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