First South Bank

First South Bank Overview

First South Bank, founded in January 1, 1902, is currently an inactive FDIC insured bank. The chartering agency for First South Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. First South Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

First South Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on August 06, 1959.

Address Location and Maps for First South Bank

Bank Name First South Bank FDIC Bank Location for First South Bank
Address 1311 Carolina Avenue
Washington, NC 27889
County: Beaufort
Bank’s State: North Carolina


First South Bank Detailed Information

FDIC Certificate ID 31084
Bank Institution Name First South Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 6352
Total Assets $788,281,000
Total Deposits $694,256,000
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 August 06, 1959
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
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 Beaufort
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 South Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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