Community Development Bank, FSB

Status:Inactive as of 09/20/2024
 Other Liquidations and Closings
Headquarters:Community Development Bank, FSB
516 Main St W
Ogema, MN 56569
Established:01/06/1906
FDIC Insurance:08/09/1989
FDIC Cert:#10568
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$167,299,000
Total Deposits:$143,756,000

History

1906-01-06Institution established: Original name:Ogema State Bank
2001-06-29Changed institution class to OCC SUPERVISED SAVINGS BANKS
2001-06-29Changed organization type to STOCK SAVINGS BANK
2001-06-29Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2001-06-29Changed name to Community Development Bank, FSB
2010-02-05Acquired 1st American State Bank of Minnesota (15448) in HANCOCK, MN as part of a government assisted transaction.
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2024-09-20Closed voluntarily and liquidated its assets.

Financial Information (2024-06-30 and Older)