First Commerce Bank, A FSB

Status:Inactive as of 06/14/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:First Commerce Savings Bank, FSB
Headquarters:First Commerce Bank, A FSB
155 Mill Street
Lowell, IN 46356
Established:01/01/1960
FDIC Insurance:08/09/1989
FDIC Cert:#31276
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$10,886,000
Total Deposits:$10,520,000

History

1960-01-01Institution established: Original name:Mutual Savings and Loan Association
1984-02-29Changed name to Mutual Federal Savings Bank
1984-02-29Changed organization type to MUTUAL SAVINGS BANK
1988-07-31Changed organization type to STOCK SAVINGS BANK
1988-07-31Changed name to First Commerce Bank, A FSB
1991-06-14Institution established: Original name:First Commerce Savings Bank, FSB (33446)
1991-06-14Failed, went into receivership, and then became part of First Commerce Savings Bank, FSB (33446)
1991-06-14Placed into government conservatorship.
1992-02-07Government conservatorship or bridge bank resolved.
1992-02-07Acquired after government financial assistance and subsequently operated as part of Centier Bank (12854)