# UNITED FEDERAL SAVINGS, FA

> **Failed bank** · NEW ORLEANS, LA · failed 1990-03-16 · SL · FDIC cost $17M

## What happened

UNITED FEDERAL SAVINGS, FA of NEW ORLEANS, LA was closed by state regulators on **1990-03-16**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED B&TC** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2705
- **FDIC Certificate:** 31455
- **FDIC FIN:** 7191
- **Bank name:** UNITED FEDERAL SAVINGS, FA
- **Location:** NEW ORLEANS, LA
- **Failure date:** 1990-03-16
- **FDIC resolution date:** 1990-09-28
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $17M
- **Deposits at failure:** $44M
- **Assets at failure:** $53M
- **Acquiring bank:** UNITED B&TC (NEW ORLEANS, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20FEDERAL%20SAVINGS%2C%20FA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED FEDERAL SAVINGS, FA (FDIC ID 2705), failed 1990-03-16. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/failed-bank/2705.

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