FIRST FED. S & L ASSOC. Failed 1989
What happened
FIRST FED. S & L ASSOC. of EUNICE, LA was closed on 1989-03-16. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to GUARANTY BANK OF MAMOU (MAMOU, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2250
- FDIC Certificate
- 31546
- FDIC FIN
- 6992
- Bank name
- FIRST FED. S & L ASSOC.
- Location
- EUNICE, LA
- Failure date
- 1989-03-16
- FDIC resolution date
- 1990-05-11
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $16M
- Assets at failure
- $24M
- Acquiring bank
- GUARANTY BANK OF MAMOU (MAMOU, LA)