news flash: bank closed by fdic - First Southern Bank, Batesville, AR

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Bank Name:	First Southern Bank, Batesville, AR
Date Closed:	12/17/2010
Closed By:	Arkansas State Bank Department
Receiver	FDIC
Deposits Transferred To:	Southern Bank, Poplar Bluff, MO
Press Source:	FDIC
Press Release:	click here
On Friday, December 17, 2010, First Southern Bank, Batesville, AR was closed by the Arkansas State Bank Department, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. All deposit accounts, excluding certain brokered deposits, have been transferred to Southern Bank, Poplar Bluff, MO. For more information on Southern Bank, visit us at www.bankwithsouthern.com/index.html. The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution. More information about this is available on the FDIC website. Address all your press related questions to lwilliams-young@fdic.gov