Republic Bank for Savings, FA

Status:Inactive as of 06/29/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:SouthBank, a Federal Savings Bank
Headquarters:Republic Bank for Savings, FA
6158 Old Canton Road
Ridgeland, MS 39157
Established:01/01/1961
FDIC Insurance:08/09/1989
FDIC Cert:#31542
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$28,135,000
Total Deposits:$84,764,000

History

1961-01-01Institution established: Original name:Tri-State Federal Savings and Loan Association
1985-02-28Changed organization type to STOCK SAVINGS BANK
1985-02-28Changed name to Republic Bank for Savings, FA
1989-04-06Placed into government conservatorship.
1990-06-29Changed name to SouthBank, a Federal Savings Bank (33109)
1990-06-29Acquired after government financial assistance and subsequently operated as part of SouthBank, a Federal Savings Bank (33109)
1990-06-29Government conservatorship or bridge bank resolved.
1990-12-07Acquired Commonwealth Savings and Loan Association (31653) in OSCEOLA, AR
1993-09-07Moved bank headquarters from IUKA, MS to CORINTH, MS
1994-03-31Acquired First Federal Savings and Loan Association of Durham (27925) in DURHAM, NC
2010-03-16Moved bank headquarters from CORINTH, MS to HUNTSVILLE, AL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2016-05-06Closed voluntarily and liquidated its assets.