The Dart Bank is a private bank headquartered in Mason, Michigan. The bank has 4 branches, all of which are in Ingham County or Eaton County.
| Formerly | The Dart National Bank of Mason (1925–1998) |
|---|---|
| Company type | Privately held company |
| Industry | Banking |
| Founded | May 1, 1925 |
| Headquarters | Mason, Michigan |
Key people | |
| Total assets |
|
| Total equity | US$36 million (2017) |
| Website | www |
| Footnotes / references [1][2] | |
History
editThe bank was founded on May 1, 1925, by Rollin Charles "RC" Dart and his son, Doc Campbell Dart, as The Dart National Bank of Mason.[1] RC was president of the bank until his death in 1943. Doc Campbell Dart then became president and chief executive officer of the bank until his death in 1960.[2]
In 1937, the bank acquired First State Savings Bank.
Two court cases involving Dart, in 1959 and 1962, helped to clarify and establish precedent in a segment of personal property law governed by the Uniform Trust Receipts Act (UTRA).[3]
In 1974, the bank opened a branch in Holt, Michigan.[4]
The founder's grandson, Rollin Dart, was chairman from 1962 to 2005, and president from 1962 to 1999. During Rollin’s tenure, the bank's assets increased from $8 million to $180 million.[4][5]
In 1999, Ronald Rhoades became president and chief executive officer of the bank.[4]
In April 2005, Dart opened a branch in Grand Ledge, Michigan.[4]
Effective March 1, 2007, after the retirement of Ronald Rhodes, Peter Kubacki became the bank’s fifth president and chief executive officer.[4]
References
edit
- ^ a b "FDIC Bank Info: The Dart Bank (FDIC # 5033)". bankfind. Federal Deposit Insurance Corporation. September 30, 2018. Archived from the original on December 4, 2018. Retrieved December 3, 2018. The referenced page has 5 tabbed sections: Locations, History, Identifications, Financials (which has a link to 'more Financials'), Other Names / Websites.
- ^ a b Smith, Curt (April 27, 2015). "Dart Bank celebrating 90 years in business". Lansing State Journal. Gannett. Retrieved December 3, 2018.
- ^ Gilmore, Grant (1999) [1965 (1999 publication was post-humous, and the referenced volume here was the 5th printing, in 2007)]. Security Interests in Personal Property. Vol. 1. Union, New Jersey: The Lawbook Exchange. p. 726. ISBN 9781886363816 – via Google Books.
- ^ a b c d e Ingham County Board of Commissioners (May 19, 2015). "15-184" (.doc Microsoft Word). Ingham County Board of Commissioners. Retrieved December 3, 2018.
- ^ Smith, Curt (May 6, 2016). "Rollin Dart, leader of Dart Bank for 37 years, dies at 90". Lansing State Journal. Gannett. Retrieved December 3, 2018.