# EVANGELINE FEDERAL SAVINGS & LOAN

> **Failed bank** · LAFAYETTE, LA · failed 1989-03-16 · SL · FDIC cost $61M

## What happened

EVANGELINE FEDERAL SAVINGS & LOAN of LAFAYETTE, 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 **HIBERNIA NB** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2266
- **FDIC Certificate:** 32131
- **FDIC FIN:** 6905
- **Bank name:** EVANGELINE FEDERAL SAVINGS & LOAN
- **Location:** LAFAYETTE, LA
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1989-08-18
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $61M
- **Deposits at failure:** $79M
- **Assets at failure:** $37M
- **Acquiring bank:** HIBERNIA NB (NEW ORLEANS, LA)

## Other banks HIBERNIA NB has acquired in FDIC resolutions

- RIVER CITY FEDERAL SAVINGS (BATON ROUGE, LA) — failed 1989-03-16 — /failed-bank/2262
- FIRST SAVINGS OF LOUISIANA (LA PLACE, LA) — failed 1989-03-02 — /failed-bank/2170

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=EVANGELINE%20FEDERAL%20SAVINGS%20%26%20LOAN

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EVANGELINE FEDERAL SAVINGS & LOAN (FDIC ID 2266), failed 1989-03-16. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/failed-bank/2266.

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