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Record · Bank

FIDELITY FSB

FIDELITY FSB held $116.4 million in total assets at failure as of April 6, 1989, according to the FDIC.

FIDELITY FSB, of CORINTH, MS, was an FDIC-insured institution that closed on April 6, 1989, as the FDIC records it.

The failure

April 6, 1989
Closed
$116.4 million
Assets at failure
$116,410,000
$135.3 million
Deposits at failure
$135,275,000
$96.6 million
Estimated cost to the insurance fund
$96,601,927
The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
SOUTHBANK, A FSB
Acquired by
CORINTH, MS

The FDIC’s entry

FDIC certificate number
32259
Resolution
FAILURE
Transaction type
PA
Charter class
SB
Insurance fund
RTC
Insured since
August 9, 1989
Established
October 2, 1984
Recorded in
The FDIC’s failures data

Sources

Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved