# ST. TAMMANY NATIONAL BANK

> **Failed bank** · MANDEVILLE, LA · failed 1989-04-06 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

ST. TAMMANY NATIONAL BANK of MANDEVILLE, LA was closed by the OCC on **1989-04-06**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **WHITNEY NATIONAL BANK IN ST** (MANDEVILLE, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2314
- **FDIC Certificate:** 23389
- **FDIC FIN:** 4003
- **Bank name:** ST. TAMMANY NATIONAL BANK
- **Location:** MANDEVILLE, LA
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1989-04-06
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $45M
- **Assets at failure:** $47M
- **Acquiring bank:** WHITNEY NATIONAL BANK IN ST (MANDEVILLE, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=ST.%20TAMMANY%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ST. TAMMANY NATIONAL BANK (FDIC ID 2314), failed 1989-04-06. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/2314.

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