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Delta Federal Savings and Loan Association

Status:Inactive as of 07/02/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Delta Bank & Trust
Headquarters:Delta Federal Savings and Loan Association
108 North Main Street
Drew, MS 38737
Established:01/01/1974
FDIC Insurance:08/09/1989
FDIC Cert:#31855
Charter Class:
Total Assets:$5,758,000
Total Deposits:$11,389,000

History

1974-01-01Institution established: Original name:Delta Federal Savingsand Loan Association
1984-07-31Changed name to Delta Federal Savings and Loan Association
1985-05-31Moved bank headquarters from RULEVILLE, MS to DREW, MS
1989-04-06Placed into government conservatorship.
1990-07-02Institution established: Original name:Delta Bank & Trust (32997)
1990-07-02Acquired after government financial assistance and subsequently operated as part of Delta Bank & Trust (32997)
1990-07-02Government conservatorship or bridge bank resolved.
2002-01-04Changed name to Delta Southern Bank (328)
2002-01-04Merged into and subsequently operated as part of Delta Southern Bank (328) in RULEVILLE, MS
2007-04-17Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
2007-04-17Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2008-04-01Changed name to Southern Bancorp Bank (328)
2009-11-01Acquired Southern Bancorp Bank, National Association (3874) in WEST HELENA, AR
2009-11-01Acquired Southern Bancorp Bank (328) in RULEVILLE, MS
2009-11-01Merged into and subsequently operated as part of Southern Bancorp Bank (1528) in ARKADELPHIA, AR
2010-05-15Acquired Southern Bancorp Bank of Blytheville, National Association (15529) in BLYTHEVILLE, AR
2014-12-13Acquired The Bank of Bolivar County (15806) in SHELBY, MS
2017-06-03Acquired Farmers Bank (15810) in HAMBURG, AR