Bank of Somerset
Status: | Inactive as of 08/01/1985 |
Merger - Without Assistance | |
Successor Bank: | Cumberland Security Bank, Inc. |
Headquarters: | Bank of Somerset U.S. Highway 27 Somerset, KY 42501 |
Established: | 11/12/1970 |
FDIC Insurance: | 11/12/1970 |
FDIC Cert: | #20295 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $25,924,000 |
Total Deposits: | $22,155,000 |
History
1970-11-12 | Institution established: Original name:Bank of Somerset | |
1985-08-01 | Changed name to Cumberland Security Bank, Inc. (11358) | |
1985-08-01 | Merged into and subsequently operated as part of Cumberland Security Bank, Inc. (11358) in SOMERSET, KY | |
1997-02-05 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED |