Bank

MoreBank 

Address 470 West Cheltenham Avenue
Philadelphia, Pennsylvania 19126
 
  The following report on MoreBank of Philadelphia, Pennsylvania, is based on United States government data as reported by MoreBank to the Federal Deposit Insurance Corporation. Information is current as of 2008-09-30. Asset, deposit and income figures are presented in thousands of dollars.
Return on Assets -4.2% (Period ending 2008-09-30)
Return on Equity -26.6% (Period ending 2008-09-30)
Total Deposits $35444 (1,000)
Total Assets $44772 (1,000)
Equity $5823 (1,000)
Net Income $-1201 (1,000)
   
Branches 3 Branch(es)
Specialization Commercial Lending Specialization
Date Founded 2006-03-01
Website http://www.morebankusa.com
Headquarters
Metro Area Philadelphia-Camden-Vineland, PA-NJ-DE-MD
County Philadelphia
Ownership Type Stock Institution (sells stock to raise capital and is owned by the shareholders who benefit from profits earned by the institution)
Bank Charter Commercial Bank with State Charter and Fed Non-Member
Supervisor Federal Deposit Insurance Corporation (Primary Federal regulator responsible for (1) state-chartered banks that are not members of the Federal Reserve System, and (2) state chartered savings banks.)
FDIC Insured MoreBank is Insured by the Federal Deposit Insurance Corporation (FDIC)
Trust Authority 0
Out of State Offices  
Parent
   
Date Updated 2008-09-30
 
Branches (3 )

Montgomery Branch, 1222 North Welsh Road, North Wales, PA 19454

Morebank, 470 West Cheltenham Avenue, Philadelphia, PA 19126

Upper Darby Branch, 7050 Terminal Square, Upper Darby, PA 19082

 
 
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