Michigan Community Bancorp Ltd. History Subsidiary Bank, Lakeside Community Bank (Sterling Heights, MI), closed on April 16, 2010.
FDIC Press release Apr 16, 2010 - The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Lakeside Community Bank, Sterling Heights, Michigan. The bank was closed today by the Michigan Office of Financial and Insurance Regulation, which appointed the FDIC as receiver.