# UNITED SOUTHERN BK OF NASHVILLE

> **Failed bank** · NASHVILLE, TN · failed 1983-05-27 · State commercial bank, Federal Reserve member · FDIC cost $38M

## What happened

UNITED SOUTHERN BK OF NASHVILLE of NASHVILLE, TN was closed by state regulators on **1983-05-27**. The FDIC was named receiver.

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

Deposits were transferred to **UNION PLANTERS NB OF MEM** (MEMPHIS, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 782
- **FDIC Certificate:** 21030
- **FDIC FIN:** 2347
- **Bank name:** UNITED SOUTHERN BK OF NASHVILLE
- **Location:** NASHVILLE, TN
- **Failure date:** 1983-05-27
- **FDIC resolution date:** 1983-05-27
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $38M
- **Deposits at failure:** $136M
- **Assets at failure:** $144M
- **Acquiring bank:** UNION PLANTERS NB OF MEM (MEMPHIS, TN)

## Other banks UNION PLANTERS NB OF MEM has acquired in FDIC resolutions

- UNITED AMERICAN BANK IN HAMILTON COUNTY (CHATTANOOGA, TN) — failed 1983-05-27 — /failed-bank/780

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20SOUTHERN%20BK%20OF%20NASHVILLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED SOUTHERN BK OF NASHVILLE (FDIC ID 782), failed 1983-05-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/782.

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