Mackinac Savings Bank

Mackinac Savings Bank was established on July 15, 1994, initially operating under the name Mackinac Savings Bank, F.S.B. On the same day, the institution acquired Coral Coast Federal Savings Bank in Boynton Beach, Florida, as part of a government-assisted merger. Over the following years, the bank's main office relocated twice, first moving to 1301 West Boynton Beach Boulevard in Boynton Beach, Florida, on January 1, 1995, and later to 280 North Congress Avenue in Boynton Beach on December 11, 2000. On July 21, 2011, Mackinac Savings Bank changed its primary federal regulatory agency to The Office of the Comptroller of the Currency and reaffirmed its name as Mackinac Savings Bank, F.S.B. However, due to financial challenges, the bank voluntarily closed and liquidated its assets on May 31, 2017.

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

1994-07-15Institution established. Original name: Mackinac Savings Bank, F.s.b..

1994-07-15Acquired Coral Coast Federal Savings Bank in Boynton Beach, FL as part of a government assisted merger.

1995-01-01Main Office moved to 1301 West Boynton Beach Boulevard, Boynton Beach, FL 33426.

2000-12-11Main Office moved to 280 North Congress Avenue, Boynton Beach, FL 33426.

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

2011-07-21Changed Institution Name to Mackinac Savings Bank, F.s.b..

2017-05-31Closed voluntarily and liquidated its assets.