Omnibank

Status:Inactive as of 04/09/1998
 Absorption - Assisted
Successor Bank:Shorebank, Detroit
Headquarters:Omnibank
10474 West Jefferson Street
River Rouge, MI 48218
Established:03/01/1919
FDIC Insurance:09/22/1934
FDIC Cert:#14758
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$42,038,000
Total Deposits:$40,462,000

History

1919-03-01Institution established: Original name:River Rouge Savings Bank
1991-08-15Changed name to Omnibank
1998-04-09Failed. Acquired with government financial assistance and subsequently operated as part of (34848)
1998-04-10Acquired
1998-04-10Institution established: Original name:Shorebank, Detroit (34848)
2001-03-10Merged into and subsequently operated as part of ShoreBank (15640) in CHICAGO, IL
2005-09-30Acquired ShoreBank (753) in CLEVELAND, OH
2006-11-20Acquired Greater Chicago Bank (18407) in BELLWOOD, IL
2010-08-20Failed. Acquired with government financial assistance and subsequently operated as part of Urban Partnership Bank (59051)
2019-01-28Reorganized.
2019-01-28Merged into and subsequently operated as part of Providence Bank & Trust (57754) in SOUTH HOLLAND, IL

Financial Information (1997-12-31 and Older)