Fairmount Bank

Status:Inactive as of 09/11/2015
 Absorption - Without Assistance
Successor Bank:Hamilton Bank
Headquarters:Fairmount Bank
8216 Philadelphia Road
Rosedale, MD 21237
Established:04/04/1879
FDIC Insurance:08/02/1985
FDIC Cert:#32369
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$77,215,000
Total Deposits:$54,830,000

History

1879-04-04Institution established: Original name:Fairmount Savings and Loan Association
1987-05-31Changed organization type to MUTUAL SAVINGS BANK
1987-05-31Changed name to Fairmount Federal Savings Bank
2009-05-01Changed name to Fairmount Bank
2010-06-02Changed organization type to STOCK SAVINGS BANK
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2011-10-13Acquired Fullerton Federal Savings Association (29514) in NOTTINGHAM, MD
2013-11-15Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2013-11-15Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2015-09-11Merged into and subsequently operated as part of Hamilton Bank (28589) in BALTIMORE, MD
2016-05-13Acquired Fraternity Federal Savings and Loan Association (28283) in BALTIMORE, MD
2017-12-21Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2017-12-21Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2017-12-21Changed organization type to COMMERCIAL BANK
2018-02-08Moved bank headquarters from BALTIMORE, MD to TOWSON, MD
2019-05-01Merged into and subsequently operated as part of Orrstown Bank (713) in SHIPPENSBURG, PA

Financial Information (2015-06-30 and Older)