Benefit Bank
| Status: | Inactive as of 05/23/2015 |
| Merger - Without Assistance | |
| Successor Bank: | Armstrong Bank |
| Headquarters: | Benefit Bank 8300 Phoenix Avenue Fort Smith, AR 72903 |
| Established: | 11/30/1999 |
| FDIC Insurance: | 11/30/1999 |
| FDIC Cert: | #35281 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $194,680,000 |
| Total Deposits: | $157,912,000 |
History
| 1999-11-30 | Institution established: Original name:Benefit Bank | |
| 2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
| 2014-06-11 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2014-06-11 | Changed organization type to COMMERCIAL BANK | |
| 2014-06-11 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2015-05-23 | Merged into and subsequently operated as part of Armstrong Bank (2315) in MUSKOGEE, OK | |
| 2019-11-20 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 2020-03-21 | Acquired Republic Bank & Trust (27286) in NORMAN, OK |