CENTRAL BANK & TRUST COMPANY Failed 1987
What happened
CENTRAL BANK & TRUST COMPANY of GLENMORA, LA was closed on 1987-02-26. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PEOPLES B&T NATCHITOCHES LA (NATCHITOCHES, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1371
- FDIC Certificate
- 19331
- FDIC FIN
- 1937
- Bank name
- CENTRAL BANK & TRUST COMPANY
- Location
- GLENMORA, LA
- Failure date
- 1987-02-26
- FDIC resolution date
- 1987-02-26
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $25M
- Assets at failure
- $21M
- Acquiring bank
- PEOPLES B&T NATCHITOCHES LA (NATCHITOCHES, LA)