# CENTRAL S & L ASSOC.

> **Failed bank** · JACKSON, MS · failed 1989-04-06 · SL · FDIC cost $41M

## What happened

CENTRAL S & L ASSOC. of JACKSON, MS was closed by state regulators on **1989-04-06**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **BANK OF FOREST** (FOREST, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2335
- **FDIC Certificate:** 31831
- **FDIC FIN:** 7192
- **Bank name:** CENTRAL S & L ASSOC.
- **Location:** JACKSON, MS
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1990-09-28
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $41M
- **Deposits at failure:** $73M
- **Assets at failure:** $52M
- **Acquiring bank:** BANK OF FOREST (FOREST, MS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CENTRAL%20S%20%26%20L%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTRAL S & L ASSOC. (FDIC ID 2335), failed 1989-04-06. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2335.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*