# CLAY COUNTY FS&LA

> **Failed bank** · WEST POINT, MS · failed 1982-12-20 · SL · FDIC cost $1M

## What happened

CLAY COUNTY FS&LA of WEST POINT, MS was closed by state regulators on **1982-12-20**. The FDIC was named receiver.

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 735
- **FDIC Certificate:** 28872
- **FDIC FIN:** 0
- **Bank name:** CLAY COUNTY FS&LA
- **Location:** WEST POINT, MS
- **Failure date:** 1982-12-20
- **FDIC resolution date:** 1982-12-20
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $12M
- **Assets at failure:** $14M
- **Acquiring bank:** DEPOSITORS SA (JACKSON, MS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CLAY%20COUNTY%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CLAY COUNTY FS&LA (FDIC ID 735), failed 1982-12-20. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/735.

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