# DELTA SAVINGS & LOAN ASSOCIATION

> **Failed bank** · KENNER, LA · failed 1989-08-07 · SL · FDIC cost $76M

## What happened

DELTA SAVINGS & LOAN ASSOCIATION of KENNER, LA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $76M
- **Deposits at failure:** $115M
- **Assets at failure:** $148M
- **Acquiring bank:** FIRST STATE B&TC (BOGALUSA, LA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DELTA SAVINGS & LOAN ASSOCIATION (FDIC ID 2477), failed 1989-08-07. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2477.

---

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