Founders Bank & Trust

Michigan – Kent – Grand Rapids

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

33533

1991

FDIC Certificate Number: 33533
FDIC's unique number: 47383
The FDIC Field Office where an institution is physically located: Grand Rapids

Federal Reserve ID Number: 1933927
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 4
Number of Foreign Offices: 0
The date of the last data update: 2006-07-20

1991-12-10 Institution established. Original name: Founders Trust Personal Bank.
1991-12-19 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.
1998-05-15 Reorganized.
2006-06-07 Changed name to Founders Bank & Trust .

Total assets: $424,030,000
Total deposits: $355,372,000
Deposits held in domestic offices: $355,372,000
Equity capital: $38,095,000

Net income: $1,873,000

Return on Assets: 0.9
Return on Equity: 10.14
Last updated on: 2011-10-20

Bank Holding Company: Founders Financial Corporation

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Profile ID: LFUS-BAB-P-10367

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