Edgewater Bank

Edgewater Bank was established on January 1, 1910, originally as La Salle Federal Savings and Loan Association of Buchanan. Over the years, the institution underwent several name and organizational changes. In April 1989, it became Lasalle Federal Savings Bank and transitioned to a mutual savings bank. The organization later changed its designation to a stock savings bank in January 2014. In August 2013, it adopted the name Edgewater Bank. This name change was followed by a relocation of its main office to 321 Main Street, Saint Joseph, Michigan, on October 24, 2005. The bank experienced regulatory changes, with a shift to the Federal Deposit Insurance Corporation (FDIC) as its primary federal regulatory agency on June 26, 2017, and subsequently changing its classification to a state-chartered bank. After several years of operation, Edgewater Bank voluntarily closed and liquidated its assets on May 1, 2021.

Below is a list of some important events in banks history, including mergers and acquisitions.

1910-01-01Institution established. Original name: La Salle Federal Savings and Loan Association of Buchanan.

1989-04-30Changed Organization Type to Mutual Savings Bank.

1989-04-30Changed Institution Name to Lasalle Federal Savings Bank.

1999-12-28Main Office moved to 321 Main Street, St Joseph, Mi 49085.

2005-10-24Changed Institution Name to Edgewater Bank.

2005-10-24Main Office moved to 321 Main Street, Saint Joseph, MI 49085.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2013-08-09Changed Institution Name to Edgewater Bank.

2014-01-16Changed Organization Type to Stock Savings Bank.

2014-07-02Changed Organization Type to Mutual Savings Bank.

2015-07-28Changed Organization Type to Stock Savings Bank.

2017-06-26Changed Chartering Agency to State.

2017-06-26Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2017-06-26Changed Organization Type to Commercial Bank.

2017-06-26Changed Primary Federal Regulatory Agency to FDIC.

2021-05-01Closed voluntarily and liquidated its assets.