# SUN BELT FEDERAL BANK, FSB

> **Failed bank** · LAKE PROVIDENCE, LA · failed 1985-06-25 · Savings bank · FDIC cost $156M

## What happened

SUN BELT FEDERAL BANK, FSB of LAKE PROVIDENCE, LA was closed by state regulators on **1985-06-25**. The FDIC was named receiver.

**Resolution:** ABT

Deposits were transferred to **HORIZON  FS&LA** (BATON ROUGE, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1017
- **FDIC Certificate:** 28913
- **FDIC FIN:** 7530
- **Bank name:** SUN BELT FEDERAL BANK, FSB
- **Location:** LAKE PROVIDENCE, LA
- **Failure date:** 1985-06-25
- **FDIC resolution date:** 1986-05-02
- **Charter type:** Savings bank
- **Resolution type:** ABT
- **Estimated FDIC DIF cost:** $156M
- **Deposits at failure:** $269M
- **Assets at failure:** $278M
- **Acquiring bank:** HORIZON  FS&LA (BATON ROUGE, LA)

## Other banks HORIZON  FS&LA has acquired in FDIC resolutions

- CRESCENT SAVINGS BANK (NEW ORLEANS, LA) — failed 1985-06-25 — /failed-bank/1022
- NORTHLAKE S&LA (COVINGTON, LA) — failed 1985-06-25 — /failed-bank/1021
- COMMUNITY FS&LA (BATON ROUGE, LA) — failed 1985-06-25 — /failed-bank/1020
- AUDUBON S&LA (NEW ORLEANS, LA) — failed 1985-06-25 — /failed-bank/1019
- NEW ORLEANS S&LA (NEW ORLEANS, LA) — failed 1985-06-25 — /failed-bank/1018

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SUN%20BELT%20FEDERAL%20BANK%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUN BELT FEDERAL BANK, FSB (FDIC ID 1017), failed 1985-06-25. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1017.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*