# FIRST FSA OF BREAUX BRIDGE

> **Failed bank** · BREAUX BRIDGE, LA · failed 1990-05-11 · SL · FDIC cost $1M

## What happened

FIRST FSA OF BREAUX BRIDGE of BREAUX BRIDGE, LA was closed by state regulators on **1990-05-11**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **TECHE FSB** (FRANKLIN, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2762
- **FDIC Certificate:** 31508
- **FDIC FIN:** 7312
- **Bank name:** FIRST FSA OF BREAUX BRIDGE
- **Location:** BREAUX BRIDGE, LA
- **Failure date:** 1990-05-11
- **FDIC resolution date:** 1991-06-21
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $21M
- **Assets at failure:** $20M
- **Acquiring bank:** TECHE FSB (FRANKLIN, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FSA%20OF%20BREAUX%20BRIDGE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FSA OF BREAUX BRIDGE (FDIC ID 2762), failed 1990-05-11. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/2762.

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