Bank Branches › Closed and merged banks › Mississippi › Clay County Federal Savings and Loan Association
What happened to Clay County Federal Savings and Loan Association?
Clay County Federal Savings and Loan Association in West Point, MS was closed in a federal resolution, and its business passed to Depositors Federal Savings of Jackson, MS on Jul 1, 1983. After 3 more changes of hands, what was Clay County Federal Savings and Loan Association is today part of Regions Bank (Birmingham, AL).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1934Clay County Federal Savings and Loan Association opens in West Point, MS
- Jul 1, 1983RESOLVEDClay County Federal Savings and Loan Association was closed in a federal resolution, and its business passed to Depositors Federal Savings of Jackson, MS.FDIC certificate 28872 ends; its business continues under certificate 31888. The FDIC's failure list dates the failure Dec 20, 1982.
- Mar 1, 1993MERGEDDepositors Federal Savings (by then renamed Eastover Bank for Savings) of Jackson, MS merged into Sunburst Bank of Grenada, MS.FDIC certificate 31888 ends; its business continues under certificate 12442.
- Jan 1, 1998MERGEDSunburst Bank (by then renamed Union Planters Bank of Mississippi) of Grenada, MS merged into Union Planters Bank, National Association of Memphis, TN.FDIC certificate 12442 ends; its business continues under certificate 4979.
- Jun 30, 2005MERGEDUnion Planters Bank, National Association of Memphis, TN merged into Regions Bank of Birmingham, AL.FDIC certificate 4979 ends; its business continues under certificate 12368.
- TodayOPEN
Regions BankMain office Birmingham, AL · FDIC certificate 12368 · 1,245 offices in 16 states on June 30, 2026Every Regions Bank office → Website on file with the FDIC: www.regions.com
If you still have something from Clay County Federal Savings and Loan Association
A lien that was never released
Clay County Federal Savings and Loan Association failed on Dec 20, 1982, under the old savings-and-loan insurance fund (FSLIC). The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask Regions Bank as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Depositors Federal Savings). Start with Regions Bank, and ask them to search under the name Clay County Federal Savings and Loan Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Regions Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 28872 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.