Dearborn Bancorp, Inc. operates as the holding company for Community Bank of Dearborn that provides commercial banking services in Michigan. The bank engages in generating deposits and originating loans. Its deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit, as well as business checking accounts. The bank's loan portfolio comprises commercial, consumer, and real estate mortgages. It also provides travelers' checks, cashiers' checks, wire transfers, safety deposit boxes, collection services, and night depository services, as well as offers voice response, automated telephone banking, and Internet banking services. In addition, Community Bank sells insurance products and provides internal audit and compliance consulting to other community banks. It primarily invests in the U.S. Treasury securities and mortgage backed securities. As of December 31, 2004, the bank had five offices in western Wayne County, one in the Downriver area of Wayne County, two offices in Macomb County, one office in Oakland County, and three offices in Washtenaw County. Dearborn Bancorp was formed in 1992 and is headquartered in Dearborn, Michigan.
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