BATON ROUGE S&LA Failed 1985
What happened
BATON ROUGE S&LA of BATON ROUGE, LA was closed on 1985-10-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PELICAN HOMESTEAD&SVG ASSN (METAIRIE, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1077
- FDIC Certificate
- 27873
- FDIC FIN
- 0
- Bank name
- BATON ROUGE S&LA
- Location
- BATON ROUGE, LA
- Failure date
- 1985-10-01
- FDIC resolution date
- 1985-10-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $93M
- Assets at failure
- $116M
- Acquiring bank
- PELICAN HOMESTEAD&SVG ASSN (METAIRIE, LA)
Other banks PELICAN HOMESTEAD&SVG ASSN acquired in FDIC resolutions