# FIRST LOUISIANA FEDERAL SAVINGS

> **Failed bank** · LAFAYETTE, LA · failed 1989-11-02 · Savings bank · FDIC cost $43M

## What happened

FIRST LOUISIANA FEDERAL SAVINGS of LAFAYETTE, LA was closed by state regulators on **1989-11-02**. The FDIC was named receiver.

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

Deposits were transferred to **ST. LANDRY B&T CO.** (OPELOUSAS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2545
- **FDIC Certificate:** 32281
- **FDIC FIN:** 7232
- **Bank name:** FIRST LOUISIANA FEDERAL SAVINGS
- **Location:** LAFAYETTE, LA
- **Failure date:** 1989-11-02
- **FDIC resolution date:** 1990-11-30
- **Charter type:** Savings bank
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $43M
- **Deposits at failure:** $106M
- **Assets at failure:** $162M
- **Acquiring bank:** ST. LANDRY B&T CO. (OPELOUSAS, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20LOUISIANA%20FEDERAL%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST LOUISIANA FEDERAL SAVINGS (FDIC ID 2545), failed 1989-11-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2545.

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