Data / Bank failures / 2011 / Community Central Bank
Community Central Bank, Mount Clemens, MI: failed April 29, 2011
Community Central Bank in Mount Clemens, Michigan, failed on April 29, 2011. Talmer Bank and Trust of Troy, MI, took over its deposits. It held $451.7 million in assets and $371.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $98.6 million (21.8% of its assets). By assets it was the 19th largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- April 29, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Talmer Bank and Trust, Troy, MI
- Total assets
- $451,683,000
- Total deposits
- $371,494,000
- Estimated cost to the FDIC
- $98,636,009 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34234
Other bank failures in Michigan, 2009 to 2013
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Fidelity Bank | Dearborn | March 30, 2012 | $818.2 million | $747.6 million | $97.2 million | The Huntington National Bank |
| Peoples State Bank | Hamtramck | February 11, 2011 | $390.5 million | $389.9 million | $103.1 million | First Michigan Bank |
| Paramount Bank | Farmington Hills | December 10, 2010 | $252.7 million | $213.6 million | $68.6 million | Level One Bank |
| Mainstreet Savings Bank, FSB | Hastings | July 16, 2010 | $96.6 million | $63.3 million | $12.8 million | Commercial Bank |
| New Liberty Bank | Plymouth | May 14, 2010 | $111.2 million | $101.9 million | $23.6 million | Bank of Ann Arbor |
| CF Bancorp | Port Huron | April 30, 2010 | $1.60 billion | $1.42 billion | $340.6 million | First Michigan Bank |
| Lakeside Community Bank | Sterling Heights | April 16, 2010 | $49.2 million | $48.6 million | $21 million | |
| Citizens State Bank | New Baltimore | December 18, 2009 | $168.6 million | $157.1 million | $68.2 million |
All bank failures in 2011 · All bank failures in Michigan · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.