# BATON ROUGE S&LA

> **Failed bank** · BATON ROUGE, LA · failed 1985-10-01 · SL · FDIC cost $5M

## What happened

BATON ROUGE S&LA of BATON ROUGE, LA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $93M
- **Assets at failure:** $116M
- **Acquiring bank:** PELICAN HOMESTEAD&SVG ASSN (METAIRIE, LA)

## Other banks PELICAN HOMESTEAD&SVG ASSN has acquired in FDIC resolutions

- FIRSTBANC FSB (GONZALES, LA) — failed 1987-12-30 — /failed-bank/1590
- FIRST FS&LA OF ALEXANDRIA (ALEXANDRIA, LA) — failed 1987-12-30 — /failed-bank/1589
- FIRST FINANCIAL OF LA (LUTCHER, LA) — failed 1987-12-30 — /failed-bank/1588

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BATON%20ROUGE%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BATON ROUGE S&LA (FDIC ID 1077), failed 1985-10-01. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1077.

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