Davidson Savings Bank, Inc., SSB

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Davidson Savings Bank, Inc., SSB Detail Information

Davidson Savings Bank, Inc., SSB
16 East Center Street
Lexington, North Carolina 27292
Primary Internet Web Address:

FDIC Certificate #: 28073
Active: No
Bank Charter Class: SB
Structural event relating to an institution: Merger - Without Assistance
Davidson Savings Bank, Inc., SSB Established Date: 1/1/1919
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Secondary Insurance Fund:

About Davidson Savings Bank, Inc., SSB as of 9/6/2007 (NC Bank):

• County: Davidson
• Davidson Savings Bank, Inc., SSB is NOT being operated in government conservatorship.
• Institution is currently closed but were once insured by the FDIC.
• Includes institutions insured by the FDIC.
• Member of the Savings Association Insurance Fund. As of April 1, 2006 SAIF was merged together with the Bank Insurance Fund (BIF) to create a single Deposit Insurance Fund (DIF). All FDIC insured SAIF member institutions, that are still active or open, are now insured members of DIF.
• Includes savings institutions insured by the FDIC that operate under state or federal banking codes applicable to thrift institutions. These institutions are regulated by and submit financial reports to one of two Federal regulators (FDIC or Office of Thrift Supervision).
• Davidson Savings Bank, Inc., SSB is state chartered.
• OTS supervised savings associations that converted their charter to that of a commercial or savings bank. Converted associations remain members of the SAIF, but they become subject to supervision by one of the three federal banking agencies. Not Applicable as of March 31, 2006.
• Bank Holding Company Type: Charlotte
• Regulator: FDIC
• Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC
• 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: 5 Davidson Savings Bank, Inc., SSB Branch/Bank Locations

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