Firstcentral Bank, A Federal Savings Bank

Status:Inactive as of 01/04/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:FIRSTCENTRAL Federal Savings Bank
Headquarters:Firstcentral Bank, A Federal Savings Bank
Main & Braden Streets
Chariton, IA 50049
Established:05/01/1938
FDIC Insurance:08/09/1989
FDIC Cert:#30034
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$112,832,000
Total Deposits:$104,887,000

History

1938-05-01Institution established: Original name:Central Savings
1971-07-01Changed name to Central Savings & Loan Association
1975-06-01Changed name to Central Savings Association
1980-09-01Changed name to Central Federal Savings and Loan Association
1983-05-01Changed organization type to MUTUAL SAVINGS BANK
1983-05-01Changed name to Firstcentral Bank, A Federal Savings Bank
1990-01-04Institution established: Original name:FIRSTCENTRAL Federal Savings Bank (32873)
1990-01-04Failed, went into receivership, and then became part of FIRSTCENTRAL Federal Savings Bank (32873)
1990-01-04Placed into government conservatorship.
1990-09-07Acquired after government financial assistance and subsequently operated as part of National Bank and Trust Company of Chariton (4432)
1990-09-07Government conservatorship or bridge bank resolved.
1995-02-09Changed name to Midwest Heritage Bank, FSB (4432)
1995-02-09Changed organization type to STOCK SAVINGS BANK
2000-03-21Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2008-09-29Moved bank headquarters from CHARITON, IA to WEST DES MOINES, IA
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY