Data / Bank failures / 1975 / Bank of Picayune
Bank of Picayune, Picayune, MS: failed June 18, 1975
Bank of Picayune in Picayune, Mississippi, failed on June 18, 1975. It held $18 million in assets and $15.4 million in deposits at its last report. By assets it was the 5th largest of 13 banks closed or assisted in 1975.
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The FDIC's record
- Closed
- June 18, 1975
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $18,049,000
- Total deposits
- $15,352,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 11427
All bank failures in 1975 · All bank failures in Mississippi · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.