Shorebank, Detroit

Status:Inactive as of 03/10/2001
 Merger - Without Assistance
Successor Bank:ShoreBank
Headquarters:Shorebank, Detroit
10474 West Jefferson
River Rouge, MI 48218
Established:04/10/1998
FDIC Insurance:04/10/1998
FDIC Cert:#34848
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$41,648,000
Total Deposits:$33,813,000

History

1998-04-10Acquired (14758)
1998-04-10Institution established: Original name:Shorebank, Detroit
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)
2019-01-28Merged into and subsequently operated as part of Providence Bank & Trust (57754) in SOUTH HOLLAND, IL
2019-01-28Reorganized.

Financial Information (2000-12-31 and Older)