# BAYOU FS&LA

> **Failed bank** · NEW ORLEANS, LA · failed 1987-03-20 · SL · FDIC cost $12M

## What happened

BAYOU FS&LA of NEW ORLEANS, LA was closed by state regulators on **1987-03-20**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FSB OF NEW ORLEANS** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1400
- **FDIC Certificate:** 32156
- **FDIC FIN:** 1704
- **Bank name:** BAYOU FS&LA
- **Location:** NEW ORLEANS, LA
- **Failure date:** 1987-03-20
- **FDIC resolution date:** 1987-03-20
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $12M
- **Deposits at failure:** $28M
- **Assets at failure:** $26M
- **Acquiring bank:** FIRST FSB OF NEW ORLEANS (NEW ORLEANS, LA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BAYOU FS&LA (FDIC ID 1400), failed 1987-03-20. Retrieved via AI Analytics 2026-08-02 from https://api.ai-analytics.org/failed-bank/1400.

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