Community Bank

Status:Inactive as of 02/05/2007
 Merger - Without Assistance
Successor Bank:Northstar Bank
Headquarters:Community Bank
1100 East Caro Road
Caro, MI 48723
Established:01/01/1926
FDIC Insurance:01/01/1934
FDIC Cert:#1587
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$77,822,000
Total Deposits:$70,438,000

History

1926-01-01Institution established: Original name:Akron State Bank
1991-10-15Changed name to Community Bank
1992-05-01Moved bank headquarters from AKRON, MI to CARO, MI
1993-09-15Reorganized.
2007-02-05Merged into and subsequently operated as part of Northstar Bank (57097) in BAD AXE, MI
2013-10-21Acquired Seaway Community Bank (57240) in SAINT CLAIR, MI
2018-09-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2018-09-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD

Financial Information (2006-12-31 and Older)