FOUNTAINBLEAU FEDERAL Failed 1989
What happened
FOUNTAINBLEAU FEDERAL of SLIDELL, LA was closed on 1989-03-02. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FONTAINEBLEAU COMMUNITY BAN (SLIDELL, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2167
- FDIC Certificate
- 32019
- FDIC FIN
- 7034
- Bank name
- FOUNTAINBLEAU FEDERAL
- Location
- SLIDELL, LA
- Failure date
- 1989-03-02
- FDIC resolution date
- 1990-06-01
- Charter type
- Savings bank
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $26M
- Deposits at failure
- $37M
- Assets at failure
- $39M
- Acquiring bank
- FONTAINEBLEAU COMMUNITY BAN (SLIDELL, LA)