IDS Deposit Corporation

Status:Inactive as of 03/01/1994
 Absorption - Without Assistance
Successor Bank:American Express National Bank
Headquarters:IDS Deposit Corporation
6985 Union Park Center
Midvale, UT 84047
Established:01/03/1989
FDIC Insurance:01/03/1989
FDIC Cert:#27414
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$112,020,000
Total Deposits:$58,369,000

History

1989-01-03Institution established: Original name:IDS Deposit Corporation
1994-03-01Merged into and subsequently operated as part of American Express Deposit Corporation (27471) in MIDVALE, UT
1994-03-01Changed name to American Express Deposit Corporation (27471)
1996-07-01Changed name to American Express Centurion Bank (27471)
1996-07-01Acquired American Express Centurion Bank (26365) in WILMINGTON, DE
2004-12-23Moved bank headquarters from MIDVALE, UT to SALT LAKE CITY, UT
2018-04-01Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2018-04-01Changed organization type to COMMERCIAL BANK
2018-04-01Acquired American Express Bank, FSB. (35328) in SALT LAKE CITY, UT
2018-04-01Changed name to American Express National Bank (27471)
2018-04-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2020-01-01Moved bank headquarters from SALT LAKE CITY, UT to SANDY, UT

Financial Information (1993-12-31 and Older)