NORTH MISSISSIPPI S&LA Failed 1983
What happened
NORTH MISSISSIPPI S&LA of CLARKSDALE, MS was closed on 1983-04-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY S&LA (JACKSON, MS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 768
- FDIC Certificate
- 31863
- FDIC FIN
- 0
- Bank name
- NORTH MISSISSIPPI S&LA
- Location
- CLARKSDALE, MS
- Failure date
- 1983-04-01
- FDIC resolution date
- 1984-08-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $43M
- Deposits at failure
- $131M
- Assets at failure
- $152M
- Acquiring bank
- SECURITY S&LA (JACKSON, MS)
Other banks SECURITY S&LA acquired in FDIC resolutions