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 | |
| 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)