# FIRST FS&LA OF SLIDELL

> **Failed bank** · SLIDELL, LA · failed 1987-12-31 · Savings bank · FDIC cost $13M

## What happened

FIRST FS&LA OF SLIDELL of SLIDELL, LA was closed by state regulators on **1987-12-31**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **ALABAMA FS&LA** (BIRMINGHAM, AL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1594
- **FDIC Certificate:** 31515
- **FDIC FIN:** 1718
- **Bank name:** FIRST FS&LA OF SLIDELL
- **Location:** SLIDELL, LA
- **Failure date:** 1987-12-31
- **FDIC resolution date:** 1987-12-31
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $49M
- **Assets at failure:** $46M
- **Acquiring bank:** ALABAMA FS&LA (BIRMINGHAM, AL)

## Other banks ALABAMA FS&LA has acquired in FDIC resolutions

- FIRST FINANCIAL BANK, FSB (NEW ORLEANS, LA) — failed 1987-12-31 — /failed-bank/1591

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF SLIDELL (FDIC ID 1594), failed 1987-12-31. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1594.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*