Home Federal Savings Bank

Status:Inactive as of 11/06/2009
 Absorption - Assisted
Successor Bank:Liberty Bank and Trust Company
Headquarters:Home Federal Savings Bank
9108 Woodward Ave
Detroit, MI 48202
Established:11/01/1947
FDIC Insurance:08/09/1989
FDIC Cert:#30329
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$12,994,000
Total Deposits:$12,730,000

History

1985-07-31Changed organization type to MUTUAL SAVINGS BANK
1985-07-31Changed name to Home Federal Savings Bank
2009-11-06Failed. Acquired with government financial assistance and subsequently operated as part of Liberty Bank and Trust Company (20856)
2013-02-15Acquired Covenant Bank (22476) in CHICAGO, IL as part of a government assisted transaction.
2015-03-16Acquired First Tuskegee Bank (33519) in TUSKEGEE, AL
2020-04-22Acquired Metro Bank (34308) in LOUISVILLE, KY
2020-04-22Moved bank headquarters from DETROIT, MI to New Orleans, LA
2021-10-08Acquired Tri-State Bank of MemphisLiberty Bank and Trust Company (16511) in MEMPHIS, TN.

Financial Information (2009-09-30 and Older)