Failed Bank Information for New Liberty Bank, Plymouth, MI
On Friday, May 14, 2010, New Liberty Bank was closed by the Michigan Office of Financial and Insurance Services. The FDIC was named Receiver. Bank of Ann Arbor, Ann Arbor, MI acquired all deposit accounts.
The FDIC as Receiver for New Liberty Bank, Plymouth, MI has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 3, 2020 and has made all dividend distributions required by law.
Effective November 1, 2020, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: November 1, 2020
Publication Date: February 3, 2020
Report on dividends paid
Official press release
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: BANK OF ANN ARBOR
About Bank of Ann Arbor
All deposit accounts, excluding certain brokered deposits, were transferred to Bank of Ann Arbor, Ann Arbor, MI ("assuming institution"). Former New Liberty Bank locations reopened as branches of Bank of Ann Arbor.
Your transferred deposits were separately insured from any accounts you may have already had at Bank of Ann Arbor for at least six months after the failure of New Liberty Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Bank of Ann Arbor as long as the deposits are not pledged as collateral for loans.
Contacting Bank of Ann Arbor
You can contact Bank of Ann Arbor:
Bank of Ann Arbor
125 South Fifth Avenue
Ann Arbor, MI 48107
Bank of Ann Arbor (www.bankofannarbor.com)
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank