# OMNIBANK

> **Failed bank** · RIVER ROUGE, MI · failed 1998-04-09 · State commercial bank, Federal Reserve member · FDIC cost $3M

## What happened

OMNIBANK of RIVER ROUGE, MI was closed by state regulators on **1998-04-09**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **SHOREBANK, DETROIT** (RIVER ROUGE, MI). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3513
- **FDIC Certificate:** 14758
- **FDIC FIN:** 4631
- **Bank name:** OMNIBANK
- **Location:** RIVER ROUGE, MI
- **Failure date:** 1998-04-09
- **FDIC resolution date:** 1998-04-09
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $40M
- **Assets at failure:** $42M
- **Acquiring bank:** SHOREBANK, DETROIT (RIVER ROUGE, MI)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=OMNIBANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, OMNIBANK (FDIC ID 3513), failed 1998-04-09. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3513.

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