DELTA SAVINGS & LOAN ASSOCIATION Failed 1989
What happened
DELTA SAVINGS & LOAN ASSOCIATION of KENNER, LA was closed on 1989-08-07. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST STATE B&TC (BOGALUSA, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2477
- FDIC Certificate
- 31686
- FDIC FIN
- 7193
- Bank name
- DELTA SAVINGS & LOAN ASSOCIATION
- Location
- KENNER, LA
- Failure date
- 1989-08-07
- FDIC resolution date
- 1990-09-28
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $76M
- Deposits at failure
- $115M
- Assets at failure
- $148M
- Acquiring bank
- FIRST STATE B&TC (BOGALUSA, LA)