MOREAUVILLE STATE BANK Failed 1987

MOREAUVILLE, LA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

MOREAUVILLE STATE BANK of MOREAUVILLE, LA was closed on 1987-05-08. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to MANSURA STB MANSURA LA (MANSURA, LA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1431
FDIC Certificate
16357
FDIC FIN
2685
Bank name
MOREAUVILLE STATE BANK
Location
MOREAUVILLE, LA
Failure date
1987-05-08
FDIC resolution date
1987-05-08
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$3M
Deposits at failure
$17M
Assets at failure
$17M
Acquiring bank
MANSURA STB MANSURA LA (MANSURA, LA)