TellerScore

Bank failure · MS

Jackson Fs&la (Jackson, MS) — failed June 6, 1983

Jackson Fs&la of Jackson, Mississippi was closed on June 6, 1983 and resolved through a a/a. First Jackson Sb FSB (MS) took over its insured deposits. At failure it held $34.5M in assets and $23.8M in deposits. The FDIC's estimated loss on the failure is $128K (0.4% of assets).

Closing date
June 6, 1983
FDIC certificate #
31640
Resolution
A/A (assistance)
Acquiring institution
First Jackson Sb FSB
Insurance fund
FSLIC

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