# FAMILY FS & LA

> **Failed bank** · SHREVEPORT, LA · failed 1989-03-16 · SL · FDIC cost $20M

## What happened

FAMILY FS & LA of SHREVEPORT, LA was closed by state regulators on **1989-03-16**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **CITY B&T OF SHREVEPORT** (SHREVEPORT, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2263
- **FDIC Certificate:** 32063
- **FDIC FIN:** 7065
- **Bank name:** FAMILY FS & LA
- **Location:** SHREVEPORT, LA
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1990-06-15
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $24M
- **Assets at failure:** $28M
- **Acquiring bank:** CITY B&T OF SHREVEPORT (SHREVEPORT, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FAMILY%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FAMILY FS & LA (FDIC ID 2263), failed 1989-03-16. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2263.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*