Independence Federal Bank For Savings
| Status: | Inactive as of 01/03/2014 |
| Absorption - Without Assistance Change in Entity Type | |
| Successor Bank: | WCF Financial Bank |
| Headquarters: | Independence Federal Bank For Savings 305 First Street West Independence, IA 50644 |
| Established: | 05/20/1935 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #29427 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $19,530,000 |
| Total Deposits: | $18,034,000 |
History
| 1935-05-20 | Institution established: Original name:Independence Federal Savings and Loan Association | |
| 1990-11-20 | Changed organization type to MUTUAL SAVINGS BANK | |
| 1990-11-20 | Changed name to Independence Federal Bank For Savings | |
| 2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
| 2014-01-03 | Changed organization type to STOCK SAVINGS BANK | |
| 2014-01-03 | Merged into and subsequently operated as part of Webster City Federal Savings Bank (28989) in WEBSTER CITY, IA | |
| 2014-04-01 | Changed name to WCF Financial Bank (28989) | |
| 2015-04-27 | Moved bank headquarters from INDEPENDENCE, IA to WEBSTER CITY, IA | |
| 2018-06-30 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2018-06-30 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2018-06-30 | Changed organization type to COMMERCIAL BANK |