FIRST FED. S & L ASSOC. Failed 1989

SHREVEPORT, LA · SL · view on FDIC BankFind ↗

What happened

FIRST FED. S & L ASSOC. of SHREVEPORT, LA was closed on 1989-03-16. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2227
FDIC Certificate
27631
FDIC FIN
7243
Bank name
FIRST FED. S & L ASSOC.
Location
SHREVEPORT, LA
Failure date
1989-03-16
FDIC resolution date
1990-12-07
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$99M
Deposits at failure
$201M
Assets at failure
$196M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions