Citizens Savings and Loan Association

Status:Inactive as of 01/31/1986
 Merger - Assisted
Successor Bank:Mississippi Savings Bank
Headquarters:Citizens Savings and Loan Association
176 Highway 51 North
Batesville, MS 38606
Established:01/01/1970
FDIC Insurance:01/12/1977
FDIC Cert:#31839
Charter Class:
Total Assets:$87,562,000
Total Deposits:$22,258,000

History

1970-01-01Institution established: Original name:Citizens Savings and Loan Association
1986-01-31Failed. Acquired with government financial assistance and subsequently operated as part of Mississippi Federal Savings Bank (32411)
1987-05-31Changed organization type to STOCK SAVINGS & LOAN
1987-05-31Changed name to Mississippi Savings Bank (32411)
1990-05-08Institution established: Original name:Mississippi Savings Bank, F.S.B. (33040)
1990-05-08Failed, went into receivership, and then became part of Mississippi Savings Bank, F.S.B. (33040)
1990-05-08Placed into government conservatorship.
1990-12-14Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-12-14Government conservatorship or bridge bank resolved.