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