# THE MISSISSIPPI BANK

> **Failed bank** · JACKSON, MS · failed 1984-05-11 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $20M

## What happened

THE MISSISSIPPI BANK of JACKSON, MS was closed by regulators on **1984-05-11**. The FDIC was named receiver.

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

Deposits were transferred to **GRENADA BANK** (GRENADA, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 875
- **FDIC Certificate:** 17036
- **FDIC FIN:** 2386
- **Bank name:** THE MISSISSIPPI BANK
- **Location:** JACKSON, MS
- **Failure date:** 1984-05-11
- **FDIC resolution date:** 1984-05-11
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $183M
- **Assets at failure:** $238M
- **Acquiring bank:** GRENADA BANK (GRENADA, MS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20MISSISSIPPI%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE MISSISSIPPI BANK (FDIC ID 875), failed 1984-05-11. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/875.

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