The Olla State Bank

Status:Inactive as of 10/05/1989
 Absorption - Assisted
Successor Bank:Southern Heritage Bank
Headquarters:The Olla State Bank
Main Street
Olla, LA 71465
Established:09/05/1933
FDIC Insurance:01/01/1934
FDIC Cert:#11787
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$23,569,000
Total Deposits:$22,938,000

History

1933-09-05Institution established: Original name:The Olla State Bank
1989-10-05Failed. Acquired with government financial assistance and subsequently operated as part of Jonesville Bank & Trust Company (20698)
1993-09-01Changed name to Southern Heritage Bank (20698)