THE PLANTERS BANK & TRUST COMPANY Failed 1989

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

What happened

THE PLANTERS BANK & TRUST COMPANY of HAYNESVILLE, LA was closed on 1989-01-19. The FDIC was named receiver.

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

Deposits were transferred to PLANTERS BANK AND TRUST COM (HAYNESVILLE, LA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2073
FDIC Certificate
12718
FDIC FIN
2959
Bank name
THE PLANTERS BANK & TRUST COMPANY
Location
HAYNESVILLE, LA
Failure date
1989-01-19
FDIC resolution date
1989-01-19
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.)
$10M
Deposits at failure
$58M
Assets at failure
$57M
Acquiring bank
PLANTERS BANK AND TRUST COM (HAYNESVILLE, LA)