Community Development Bank, FSB

Details Community Development Bank, FSB Community Development Bank, FSB

www.comdevbank.com

Minnesota

Becker

Ogema

(SA) Savings associations, state or federal charter

active

10568

1906

FDIC Certificate Number: 10568
FDIC's unique number: 6769
The FDIC Field Office where an institution is physically located: Fargo

Federal Reserve ID Number: 168357
Report Date: 2011-06-30

Bank Charter Class: SA
OCC Charter Number: 717E3

Number of Domestic Offices: 2
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21

1906-01-06 Institution established. Original name: Ogema State Bank.
2001-06-29 Changed name to Community Development Bank, Fsb .
2001-06-29 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Office Of Thrift Supervision.
2001-06-29 Changed organization type to Stock Savings Bank.
2001-06-29 Changed institution class to Occ Supervised Savings Banks.
2010-02-05 Acquired 1st American State Bank Of Minnesota in Hancock, Minnesota as part of a government assisted transaction.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $62,298,000
Total deposits: $52,509,000
Deposits held in domestic offices: $52,509,000
Equity capital: $5,758,000

Net income: $84,000

Return on Assets: 0.27
Return on Equity: 2.96
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-3367