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The bank was established in 1889 as FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF DEFIANCE. [2] In 2000, the name of the bank was changed to First Federal Bank of the Midwest. [2] In March 2008, the company acquired Pavilion Bancorp Inc. and its subsidiary, the Bank of Lenawee. [3]
By 1993, the bank changed its name from First Federal Savings and Loan Association of Storm Lake to First Federal Savings Bank of the Midwest, a subsidiary of First Midwest Financial, Inc. [6] On September 20, 1993, 1.9 million shares of stock in First Midwest Financial, Inc., were issued at $10 per share and began trading on the NASDAQ stock ...
First Federal Bank may refer to: First Federal Bank of California; First Federal Bank of the Midwest This page was last edited on 28 December 2019, at 12:07 (UTC). ...
New South Federal Savings Bank Irondale: Alabama December 18, 2009: Beal Bank 1,500 138 Independent Bankers' Bank Springfield: Illinois December 18, 2009: The Independent Bankers Bank 586 139 Imperial Capital Bank La Jolla: California December 18, 2009: City National Bank 4,000 140 First Federal Bank of California, F.S.B. Santa Monica: California
The Federal Deposit Insurance Corporation federally insures most traditional banks in case of failure. But credit unions are not considered traditional banks. Is a credit union FDIC insured?
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
The name was changed to Citizens' Credit Union during a charter expansion that extended the credit union's allowed field of membership to include the Massachusetts counties of Bristol, Plymouth, Barnstable, Dukes, Nantucket and Norfolk. [4] In 1987, the credit union's state charter was converted to a federal charter.
By 1966 when this building was completed, First Federal was the largest Savings and loan association in eastern Iowa and western Illinois. [4] The three-story Modern movement building was designed by William F. Cann of the Bank Building and Equipment Corp. of St. Louis. It was built at the same location of their previous building.