Southern Federal Bank for Savings
| Status: | Inactive as of 06/22/1990 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | Southern Federal Savings Bank |
| Headquarters: | Southern Federal Bank for Savings 3300 W Beach Blvd Gulfport, MS 39502 |
| Established: | 01/01/1959 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #31817 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $142,792,000 |
| Total Deposits: | $93,946,000 |
History
| 1959-01-01 | Institution established: Original name:Southern Federal Savings and Loan Association | |
| 1986-09-30 | Changed organization type to STOCK SAVINGS BANK | |
| 1986-09-30 | Changed name to Southern Federal Bank for Savings | |
| 1990-06-22 | Institution established: Original name:Southern Federal Savings Bank (33088) | |
| 1990-06-22 | Failed, went into receivership, and then became part of Southern Federal Savings Bank (33088) | |
| 1990-06-22 | Placed into government conservatorship. | |
| 1991-08-16 | Acquired after government financial assistance and subsequently operated as part of The Peoples Bank, Biloxi, Mississippi (340) | |
| 1991-08-16 | Government conservatorship or bridge bank resolved. | |
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