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Ludington Federal Savings Bank

Status:Inactive as of 02/07/1992
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Northwestern Bank
Headquarters:Ludington Federal Savings Bank
101 East Court Street
Ludington, MI 49431
Established:05/17/1991
FDIC Insurance:05/17/1991
FDIC Cert:#33412
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$26,111,000
Total Deposits:$27,041,000

History

1991-05-17Acquired Ludington Savings Bank, FSB (29795) in LUDINGTON, MI
1991-05-17Institution established: Original name:Ludington Federal Savings Bank
1992-02-07Acquired after government financial assistance and subsequently operated as part of Northwestern Savings Bank and Trust (30792)
1992-02-07Government conservatorship or bridge bank resolved.
1994-09-21Changed organization type to STOCK SAVINGS BANK
1994-09-21Changed name to Northwestern Savings Bank & Trust, FSB (30792)
1996-12-01Changed name to Northwestern Savings Bank & Trust (30792)
1996-12-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2001-01-01Moved bank headquarters from LUDINGTON, MI to TRAVERSE CITY, MI
2002-07-01Changed name to Northwestern Bank (30792)
2014-11-01Merged into and subsequently operated as part of Chemical Bank (1003) in MIDLAND, MI
2015-05-11Acquired Monarch Community Bank (29069) in COLDWATER, MI
2015-11-14Acquired The Bank of Holland (34862) in HOLLAND, MI
2015-11-14Acquired The Bank of Northern Michigan (35324) in PETOSKEY, MI
2016-11-11Acquired Talmer Bank and Trust (58132) in TROY, MI
2018-08-03Moved bank headquarters from MIDLAND, MI to DETROIT, MI
2019-08-01Merged into and subsequently operated as part of TCF National Bank (28330) in SIOUX FALLS, SD
2021-06-09Merged into and subsequently operated as part of The Huntington National Bank (6560)
2021-06-09Merged into and subsequently operated as part of The Huntington National Bank (6560)