FRENCH MARKET HOMESTEAD Failed 1987

METAIRIE, LA · SL · view on FDIC BankFind ↗

What happened

FRENCH MARKET HOMESTEAD of METAIRIE, LA was closed on 1987-08-06. The FDIC was named receiver.

Resolution: MGR

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1491
FDIC Certificate
29902
FDIC FIN
0
Bank name
FRENCH MARKET HOMESTEAD
Location
METAIRIE, LA
Failure date
1987-08-06
Charter type
SL
Resolution type
MGR
Deposits at failure
$303M
Assets at failure
$321M
Acquiring bank
0 (0, 0)
FDIC comments
FSLIC-RTC Duplicate Failures

Other banks 0 acquired in FDIC resolutions