BankEast

Status:Inactive as of 01/27/2012
 Absorption - Assisted
Successor Bank:U.S. Bank
Headquarters:BankEast
607 Market Street
Knoxville, TN 37902
Established:11/23/1968
FDIC Insurance:11/23/1968
FDIC Cert:#19869
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$261,947,000
Total Deposits:$259,571,000

History

1968-11-23Institution established: Original name:Citizens Bank
2004-03-19Changed name to BankEast
2004-04-19Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2004-04-19Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2004-04-23Moved bank headquarters from GAINESBORO, TN to KNOXVILLE, TN
2012-01-27Failed. Acquired with government financial assistance and subsequently operated as part of U.S. Bank National Association (6548)
2012-11-12Reorganized.
2013-05-13Acquired U.S. Bank National Association ND (34590) in FARGO, ND

Financial Information (2011-12-31 and Older)