# DELTA FS & LA

> **Failed bank** · DREW, MS · failed 1989-04-06 · SL · FDIC cost $9M

## What happened

DELTA FS & LA of DREW, MS 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 **DELTA BANK & TRUST** (DREW, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2336
- **FDIC Certificate:** 31855
- **FDIC FIN:** 7105
- **Bank name:** DELTA FS & LA
- **Location:** DREW, MS
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1990-06-29
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $14M
- **Assets at failure:** $10M
- **Acquiring bank:** DELTA BANK & TRUST (DREW, MS)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DELTA FS & LA (FDIC ID 2336), failed 1989-04-06. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2336.

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