Bank of Florala

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Bank of Florala Detail Information

Bank of Florala
1200 Lakeshore Boulevard
Florala, Alabama 36442
Primary Internet Web Address:

FDIC Certificate #: 61
Active: No
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Structural event relating to an institution: Merger - Without Assistance
Bank of Florala Established Date: 1/1/1904
Insurance Fund Membership: Bank Insurance Fund (BIF)
Secondary Insurance Fund:

About Bank of Florala as of 9/6/2007 (AL Bank):

• County: Covington
• Bank of Florala is NOT being operated in government conservatorship.
• Institution is currently closed but were once insured by the FDIC.
• Member of the Bank Insurance Fund. As of April 1, 2006 BIF was merged together with the Savings Institution Insurance Fund (SAIF) to create a single Deposit Insurance Fund (DIF). All FDIC insured BIF member institutions, that are still active or open, are now insured members of DIF.
• Includes commercial banks insured by the FDIC. These institutions are regulated by one of the three Federal commercial bank regulators (FDIC, Federal Reserve Board, or Office of the Comptroller of the Currency). They submit financial reports to the Federal Reserve (state member banks) or the FDIC (state non-member banks and national banks).
• Includes institutions insured by the FDIC.
• Bank of Florala is state chartered.
• Bank Holding Company Type: Pensacola
• Regulator: FDIC
• Metropolitan Statistical Area (MSA):
• Office of Thrift Supervision Region: Southeast
• FDIC Supervisory Region: Atlanta
• Federal Reserve District: Atlanta
• Bank Holding Company (Regulatory Top Holder):
• Regulatory holding company state location:

Office: 1 Bank of Florala Branch/Bank Locations

_{*Data by The Federal Deposit Insurance Corporation (FDIC)}