Fidelity FSB

Status:Inactive as of 05/04/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:SouthBank, a Federal Savings Bank
Headquarters:Fidelity FSB
303 N Madison
Corinth, MS 38834
Established:10/02/1984
FDIC Insurance:08/09/1989
FDIC Cert:#32259
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$66,154,000
Total Deposits:$125,482,000

History

1984-10-02Institution established: Original name:Fidelity FSB
1985-01-01Acquired Fidelity Federal Savings and Loan Association (30939) in CORINTH, MS as part of a government assisted transaction.
1989-04-06Placed into government conservatorship.
1990-05-04Acquired after government financial assistance and subsequently operated as part of BankSouth, a Federal Savings Bank (33109)
1990-05-04Government conservatorship or bridge bank resolved.
1990-05-04Institution established: Original name:BankSouth, a Federal Savings Bank (33109)
1990-06-29Changed name to SouthBank, a Federal Savings Bank (33109)
1990-06-29Acquired Republic Bank for Savings, FA (31542) in JACKSON, MS
1990-12-07Acquired Commonwealth Savings and Loan Association (31653) in OSCEOLA, AR
1994-03-31Acquired First Federal Savings and Loan Association of Durham (27925) in DURHAM, NC
2010-03-16Moved bank headquarters from CORINTH, MS to HUNTSVILLE, AL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2016-05-06Closed voluntarily and liquidated its assets.