Southern Independent Bank

Southern Independent Bank Overview

Southern Independent Bank, founded in December 4, 2006, is currently an inactive FDIC insured bank. The chartering agency for Southern Independent Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Southern Independent Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Southern Independent Bank is assigned uner the Atlanta Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 04, 2006.

Address Location and Maps for Southern Independent Bank

Bank Name Southern Independent Bank FDIC Bank Location for Southern Independent Bank
Address 503 North Main Street
Opp, AL 36467
County: Covington
Bank’s State: Alabama


Southern Independent Bank Detailed Information

FDIC Certificate ID 58357
Bank Institution Name Southern Independent Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $155,951,000
Total Deposits $142,545,000
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 December 04, 2006
Change Code 525
Change Code Description No FDIC Insured Bank Changes
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 Covington
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Atlanta
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

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

Leave a Reply