Mercantile Federal Savings Bank

Mercantile Federal Savings Bank Overview

Mercantile Federal Savings Bank, founded in April 19, 1991, is currently an active FDIC insured bank. The chartering agency for Mercantile Federal Savings Bank is currently with the Office of Thrift Supervision. This FDIC insured bank is not being operated by government conservatorship. Mercantile Federal 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 Federal Savings Bank is assigned uner the Dallas Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on April 19, 1991.

Address Location and Maps for Mercantile Federal Savings Bank

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

 

Mercantile Federal Savings Bank Detailed Information

FDIC Certificate ID 33386
Bank Institution Name Mercantile Federal Savings Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 9168
Total Assets $22,229,000
Total Deposits $23,105,000
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 Office of Thrift Supervision
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 April 19, 1991
Change Code 217
Change Code Description Pass Through Receivership Merger
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? 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 No
County Desoto
Office of Thrift Supervision Region West
Assigned Federal Reserve District Dallas
Oakar Institutions No
FDIC Field Office 1
Insured offices of foreign banks 0

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

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