1st State Bank Overview
1st State Bank, founded in January 1, 1914, is currently an active FDIC insured bank. The chartering agency for 1st State Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. 1st State Bank has an FDIC insurance membership with the SAIF - Savings Association Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
1st State Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 13, 1934.
Address Location and Maps for 1st State Bank
| Bank Name | 1st State Bank | |
| Address | 445 South Main Street Burlington, NC 27215 |
|
| County: | Alamance | |
| Bank’s State: | North Carolina | |
| Website: | http://www.1ststatebanknc.com:80/ |
1st State Bank Detailed Information
| FDIC Certificate ID | 27789 |
| Bank Institution Name | 1st State Bank |
| Is the Bank Active? | Active |
| Office of Thrift Supervision Docket ID | 286 |
| Total Assets | $370,428,000 |
| Total Deposits | $271,499,000 |
| Regulator | Federal Deposit Insurance Corporation (FDIC) |
| Bank Charter Class | NM - Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member |
| FDIC Bank’s Chartering Agency | State |
| Bank is FDIC Insured | No, FDIC insured bank is NOT a member of the Bank Insurance Fund |
| Bank Insurance Fund | SAIF - Savings Association Insurance Fund |
| Date of Deposit Insurance | December 13, 1934 |
| Change Code | 223 |
| Change Code Description | Merger - FDIC Insured Bank Without Assistance |
| OCC Bank Charter Number | No FDIC Bank Charter Number |
| Conservatorship | FDIC insured bank is not being operated by government conservatorship. |
| Inactive Bank that used to be FDIC insured? | Yes |
| Credit Card Institution | No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold. |
| Insured Commercial Banks | Yes |
| FDIC Supervisory Region | Atlanta |
| Insured Savings Institution | Yes, Bank is Savings Association Insurance Fund (SAIF) insured |
| State Charter | Yes |
| County | Alamance |
| Office of Thrift Supervision Region | Southeast |
| Assigned Federal Reserve District | Atlanta |
| Oakar Institutions | No |
| FDIC Field Office | 0 |
| Insured offices of foreign banks | 0 |
1st State Bank is insured by the Federal Deposit Insurance Corporation (FDIC)