Cabarrus Bank of North Carolina - Concord Bank, North Carolina 28025

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Cabarrus Bank of North Carolina
71 Mccachern Boulevard
Concord, North Carolina 28025
Bank Web Address:

Active: No
FDIC Certificate #: 31161
Cabarrus Bank of North Carolina Established Date: 1898-01-01
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Secondary Insurance Fund: Bank Insurance Fund (BIF)
Structural event relating to an institution: Merger - Without Assistance
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.

Information about Cabarrus Bank of North Carolina as of 9/6/2007 (NC Bank):

• Cabarrus, North Carolina
• Institution is currently closed but were once insured by the FDIC.
• Cabarrus Bank of North Carolina is NOT being operated in government conservatorship.
• 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.
• 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.
• Cabarrus Bank of North Carolina 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.
• Regulator: FDIC
• Bank Holding Company Type: Charlotte
• Metropolitan Statistical Area (MSA): Charlotte-Gastonia-Rock Hill, NC-SC
• FDIC Supervisory Region: Atlanta
• Office of Thrift Supervision Region: Southeast
• Federal Reserve District: Atlanta
• Regulatory holding company state location:
• Bank Holding Company (Regulatory Top Holder):

Office: 5 Cabarrus Bank of North Carolina Branch/Bank Locations

_{*Data by FDIC}