BANK OF PICAYUNE Failed 1975

PICAYUNE, MS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BANK OF PICAYUNE of PICAYUNE, MS was closed on 1975-06-18. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
512
FDIC Certificate
11427
FDIC FIN
0
Bank name
BANK OF PICAYUNE
Location
PICAYUNE, MS
Failure date
1975-06-18
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$15M
Assets at failure
$18M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions