Arcanum Federal Savings and Loan Association

Status:Inactive as of 03/15/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Arcanum Federal Savings Association
Headquarters:Arcanum Federal Savings and Loan Association
1 George St
Arcanum, OH 45304
Established:01/01/1885
FDIC Insurance:10/12/1936
FDIC Cert:#29716
Charter Class:
Total Assets:$45,361,000
Total Deposits:$46,771,000

History

1885-01-01Institution established: Original name:Arcanum Federal Savings and Loan Association
1991-03-15Placed into government conservatorship.
1991-03-15Failed, went into receivership, and then became part of Arcanum Federal Savings Association (33346)
1991-03-15Institution established: Original name:Arcanum Federal Savings Association (33346)
1991-09-20Government conservatorship or bridge bank resolved.
1991-09-20Acquired after government financial assistance and subsequently operated as part of Second National Bank (6596)
2000-11-20Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2008-08-16Acquired Century National Bank (28624) in ZANESVILLE, OH
2008-08-16Acquired Second National Bank (6596) in GREENVILLE, OH
2008-08-16Merged into and subsequently operated as part of The Park National Bank (6653) in NEWARK, OH
2008-08-30Acquired United Bank, National Association (6533) in BUCYRUS, OH
2008-08-30Acquired The Richland Trust Company (9433) in MANSFIELD, OH
2008-09-06Acquired First-Knox National Bank (6651) in MOUNT VERNON, OH
2008-09-20Acquired The Security National Bank and Trust Co. (6655) in SPRINGFIELD, OH
2008-09-20Acquired The Citizens National Bank of Urbana (6715) in URBANA, OH
2012-01-19Reorganized.
2018-07-01Acquired NewDominion Bank (57888) in CHARLOTTE, NC
2019-04-01Acquired Carolina Alliance Bank (58432) in SPARTANBURG, SC