# MAINSTREET SAVINGS BANK, FSB

> **Failed bank** · HASTINGS, MI · failed 2010-07-16 · Savings bank · FDIC cost $13M

## What happened

MAINSTREET SAVINGS BANK, FSB of HASTINGS, MI was closed by state regulators on **2010-07-16**. The FDIC was named receiver.

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

Deposits were transferred to **COMMERCIAL BANK** (ALMA, MI). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3825
- **FDIC Certificate:** 28136
- **FDIC FIN:** 10258
- **Bank name:** MAINSTREET SAVINGS BANK, FSB
- **Location:** HASTINGS, MI
- **Failure date:** 2010-07-16
- **FDIC resolution date:** 2010-07-16
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $63M
- **Assets at failure:** $97M
- **Acquiring bank:** COMMERCIAL BANK (ALMA, MI)

## Other banks COMMERCIAL BANK has acquired in FDIC resolutions

- PEOPLES BANKING COMPANY (BOSTON, GA) — failed 1981-03-17 — /failed-bank/590

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MAINSTREET%20SAVINGS%20BANK%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MAINSTREET SAVINGS BANK, FSB (FDIC ID 3825), failed 2010-07-16. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3825.

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