Central Savings and Loan Association

Status:Inactive as of 09/28/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:The Bank of Forest
Headquarters:Central Savings and Loan Association
4915 I-55 North
Jackson, MS 39236
Established:01/01/1960
FDIC Insurance:08/09/1989
FDIC Cert:#31831
Charter Class:
Total Assets:$29,218,000
Total Deposits:$67,423,000

History

1960-01-01Institution established: Original name:Central Savings and Loan Association
1984-02-29Moved bank headquarters from FOREST, MS to JACKSON, MS
1989-04-06Placed into government conservatorship.
1990-09-28Government conservatorship or bridge bank resolved.
1990-09-28Acquired after government financial assistance and subsequently operated as part of The Bank of Forest (898)
2007-04-26Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2007-04-26Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2017-10-01Acquired Bank of Walnut Grove (8558) in WALNUT GROVE, MS