This institution is no longer active

Operations ceased on November 1, 1997. CRA examination history below reflects the period it was active.

MAGNOLIA FEDERAL BANK FOR SAVINGS

HATTIESBURG, MS · Supervised by OTS

Est. 1934FDIC #29,018

Outstanding Same

Current rating · Exam: June 1995

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At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Is this bank safe?

MAGNOLIA FEDERAL BANK FOR SAVINGS earned an Outstanding CRA rating (1995).

Institution Profile

FDIC BankFind

Address

130 West Front Street, HATTIESBURG, MS

County

Forrest County

Established

July 1, 1934

Total Assets

$1.3B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

June 12, 1995

Exam Type

Assessment Factor

Regulator

OTS

What is a CRA rating? →

⚠️This exam is 31 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Download Evaluation Report (PDF)

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Jun 1995	Outstanding	Assessment Factor
Mar 1993	Outstanding	Assessment Factor
Aug 1990	Outstanding	Assessment Factor

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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