# CASS FS & LA OF ST. LOUIS

> **Failed bank** · FLORISSANT, MO · failed 1989-04-06 · SL · FDIC cost $13M

## What happened

CASS FS & LA OF ST. LOUIS of FLORISSANT, MO was closed by state regulators on **1989-04-06**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST EXCHANGE BANK** (FLORISSANT, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2321
- **FDIC Certificate:** 29017
- **FDIC FIN:** 7089
- **Bank name:** CASS FS & LA OF ST. LOUIS
- **Location:** FLORISSANT, MO
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1990-06-22
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $66M
- **Assets at failure:** $52M
- **Acquiring bank:** FIRST EXCHANGE BANK (FLORISSANT, MO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CASS FS & LA OF ST. LOUIS (FDIC ID 2321), failed 1989-04-06. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/2321.

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