Copper Star Bank

Status:Inactive as of 11/12/2010
 Absorption - Assisted
Successor Bank:Stearns Bank
Headquarters:Copper Star Bank
7555 East Redfield Road
Scottsdale, AZ 85260
Established:05/22/2000
FDIC Insurance:05/22/2000
FDIC Cert:#35463
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$203,955,000
Total Deposits:$190,182,000

History

2000-05-22Institution established: Original name:Scottsdale Community Bank
2002-06-30Changed name to Copper Star Bank
2010-11-12Failed. Acquired with government financial assistance and subsequently operated as part of Stearns Bank National Association (10988)
2012-03-23Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction.
2012-07-27Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction.
2012-10-19Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction.

Financial Information (2010-09-30 and Older)