Avery County Bank

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Avery County Bank Detail Information

Avery County Bank
Estatoa Street
Newland, North Carolina 28657
Primary Internet Web Address:

FDIC Certificate #: 13191
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
Avery County Bank Established Date: 10/16/1913
Insurance Fund Membership: Bank Insurance Fund (BIF)
Secondary Insurance Fund:

About Avery County Bank as of 9/6/2007 (NC Bank):

• County: Avery
• Avery County Bank 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.
• Avery County Bank is state chartered.
• Bank Holding Company Type: Charlotte
• 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 Avery County Bank Branch/Bank Locations

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