DEPOSIT TRUST FEDERAL SAVINGS Failed 1990
What happened
DEPOSIT TRUST FEDERAL SAVINGS of MONROE, LA was closed on 1990-01-11. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST REPUBLIC BANK (RAYVILLE, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2613
- FDIC Certificate
- 32122
- FDIC FIN
- 7242
- Bank name
- DEPOSIT TRUST FEDERAL SAVINGS
- Location
- MONROE, LA
- Failure date
- 1990-01-11
- FDIC resolution date
- 1990-12-07
- Charter type
- Savings bank
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $92M
- Assets at failure
- $98M
- Acquiring bank
- FIRST REPUBLIC BANK (RAYVILLE, LA)