Ameribank, Inc.

Status:Inactive as of 2008-09-19
 Partial Purchase & Assumption - Assisted
Corrections
Successor Bank:Pioneer Community Bank, Inc.
Headquarters:Ameribank, Inc.
70 Mcdowell Street
Welch, WV 24801
Established:1906-01-01
FDIC Insurance:1934-01-01
FDIC Cert:#6782
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Total Assets:$103,965,000
Total Deposits:$100,901,000

History

1906-01-01Institution established: Original name:The First Clark National Bank of Northfork
1991-01-02Changed name to Ameribank, National Association
1991-01-02Acquired The Bank of War (6181) in WAR, WV
1991-01-02Acquired Ameribank, Welch, West Virginia, Inc. (24610) in WELCH, WV
1993-01-01Changed name to Ameribank, Inc.
1993-01-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
1997-05-02Changed organization type to STOCK SAVINGS BANK
1997-05-02Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
1997-05-02Moved bank headquarters from NORTHFORK, WV to WELCH, WV
1999-09-07Acquired The First National Bank of Keystone (6771) in KEYSTONE, WV as part of a government assisted transaction.
2005-01-03Acquired Steel Valley Bank, National Association (13918) in DILLONVALE, OH
2008-09-19Failed. Acquired with government financial assistance and subsequently operated as part of Pioneer Community Bank, Inc. (2448)
2012-06-18Moved bank headquarters from WELCH, WV to IAEGER, WV

Financial Information (2008-06-30 and Older)