COMMUNITY CENTRAL BANK Failed 2011

MOUNT CLEMENS, MI · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

COMMUNITY CENTRAL BANK of MOUNT CLEMENS, MI was closed on 2011-04-29. The FDIC was named receiver.

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

Deposits were transferred to TALMER BANK AND TRUST (TROY, MI). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3927
FDIC Certificate
34234
FDIC FIN
10359
Bank name
COMMUNITY CENTRAL BANK
Location
MOUNT CLEMENS, MI
Failure date
2011-04-29
FDIC resolution date
2011-04-29
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$99M
Deposits at failure
$371M
Assets at failure
$452M
Acquiring bank
TALMER BANK AND TRUST (TROY, MI)