First Southern Bank

First Southern Bank Overview

First Southern Bank, founded in January 1, 1934, is currently an inactive FDIC insured bank. The chartering agency for First Southern Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. First Southern Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

First Southern Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 25, 1935.

Address Location and Maps for First Southern Bank

Bank Name First Southern Bank FDIC Bank Location for First Southern Bank
Address 301 South Court Street
Florence, AL 35630
County: Lauderdale
Bank’s State: Alabama
Website: http://www.firstsouthern.com:80/

 

First Southern Bank Detailed Information

FDIC Certificate ID 29332
Bank Institution Name First Southern Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 3294
Total Assets $163,812,000
Total Deposits $149,934,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance January 25, 1935
Change Code 660
Change Code Description Change in FDIC Insured Bank’s Geographic Region/Area/Territory/Field Office
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Atlanta
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Lauderdale
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

First Southern Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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