BATON ROUGE BANK & TRUST COMPANY Failed 1988
What happened
BATON ROUGE BANK & TRUST COMPANY of BATON ROUGE, LA was closed on 1988-12-21. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to BATON ROUGE BANK&TRUST CO (BATON ROUGE, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2019
- FDIC Certificate
- 19743
- FDIC FIN
- 1962
- Bank name
- BATON ROUGE BANK & TRUST COMPANY
- Location
- BATON ROUGE, LA
- Failure date
- 1988-12-21
- FDIC resolution date
- 1988-12-21
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $18M
- Deposits at failure
- $113M
- Assets at failure
- $111M
- Acquiring bank
- BATON ROUGE BANK&TRUST CO (BATON ROUGE, LA)