# FIRST JACKSON FSB

> **Failed bank** · JACKSON, MS · failed 1990-06-29 · Savings bank · FDIC cost $22M

## What happened

FIRST JACKSON FSB of JACKSON, MS was closed by state regulators on **1990-06-29**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **TRUSTMARK NB** (JACKSON, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2835
- **FDIC Certificate:** 31640
- **FDIC FIN:** 7352
- **Bank name:** FIRST JACKSON FSB
- **Location:** JACKSON, MS
- **Failure date:** 1990-06-29
- **FDIC resolution date:** 1991-07-12
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $22M
- **Deposits at failure:** $91M
- **Assets at failure:** $117M
- **Acquiring bank:** TRUSTMARK NB (JACKSON, MS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20JACKSON%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST JACKSON FSB (FDIC ID 2835), failed 1990-06-29. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2835.

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