FIDELITY BANK Failed 2012
What happened
FIDELITY BANK of DEARBORN, MI was closed on 2012-03-30. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE HUNTINGTON NATIONAL BANK (COLUMBUS, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3998
- FDIC Certificate
- 33883
- FDIC FIN
- 10432
- Bank name
- FIDELITY BANK
- Location
- DEARBORN, MI
- Failure date
- 2012-03-30
- FDIC resolution date
- 2012-03-30
- 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.)
- $97M
- Deposits at failure
- $748M
- Assets at failure
- $818M
- Acquiring bank
- THE HUNTINGTON NATIONAL BANK (COLUMBUS, OH)
Other banks THE HUNTINGTON NATIONAL BANK acquired in FDIC resolutions