Mercantile Savings Bank

Mercantile Savings Bank Overview

Mercantile Savings Bank, founded in January 1, 1973, is currently an active FDIC insured bank. The chartering agency for Mercantile Savings Bank is currently with the State. This FDIC insured bank is being operated by government conservatorship. Mercantile Savings Bank has an FDIC insurance membership with the SAIF – Savings Association Insurance Fund and is regulated by the Office of Thrift Supervision (OTS).

Mercantile Savings Bank is assigned uner the Dallas Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 05, 1978.

Address Location and Maps for Mercantile Savings Bank

Bank Name Mercantile Savings Bank FDIC Bank Location for Mercantile Savings Bank
Address 579 Goodman Road East
Southaven, MS 38671
County: Desoto
Bank’s State: Mississippi
Website: Unknown


Mercantile Savings Bank Detailed Information

FDIC Certificate ID 31914
Bank Institution Name Mercantile Savings Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 7598
Total Assets $33,779,000
Total Deposits $33,995,000
Regulator Office of Thrift Supervision (OTS)
Bank Charter Class SA – Savings Association. Bank is supervised by the Office of Thrift Supervision (OTS). It is either a state or federal charter.
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 SAIF – Savings Association Insurance Fund
Date of Deposit Insurance January 05, 1978
Change Code 211
Change Code Description Absorption – FDIC Insured Bank Assisted
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
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 Dallas
Insured Savings Institution Yes, Bank is Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Desoto
Office of Thrift Supervision Region West
Assigned Federal Reserve District Dallas
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Mercantile Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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