Southeastern Savings Bank

Status:Inactive as of 04/20/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Southeastern Federal Savings Bank
Headquarters:Southeastern Savings Bank
705 Sawmill Road
Laurel, MS 39440
Established:01/01/1974
FDIC Insurance:08/25/1977
FDIC Cert:#31897
Charter Class:
Total Assets:$49,813,000
Total Deposits:$38,391,000

History

1974-01-01Institution established: Original name:Southeastern Savings and Loan Association
1985-05-31Changed name to Southeastern Savings Bank
1987-01-31Moved bank headquarters from WAYNESBORO, MS to LAUREL, MS
1990-04-20Institution established: Original name:Southeastern Federal Savings Bank (33034)
1990-04-20Failed, went into receivership, and then became part of Southeastern Federal Savings Bank (33034)
1990-04-20Placed into government conservatorship.
1991-05-31Acquired after government financial assistance and subsequently operated as part of The Citizens National Bank of Meridian (4993)
1991-05-31Government conservatorship or bridge bank resolved.
2000-06-30Reorganized.