# JENNINGS FSA

> **Failed bank** · JENNINGS, LA · failed 1990-05-18 · SL · FDIC cost $11M

## What happened

JENNINGS FSA of JENNINGS, LA was closed by state regulators on **1990-05-18**. The FDIC was named receiver.

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

Deposits were transferred to **AMERICAN BANK** (WELSH, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2770
- **FDIC Certificate:** 29130
- **FDIC FIN:** 7388
- **Bank name:** JENNINGS FSA
- **Location:** JENNINGS, LA
- **Failure date:** 1990-05-18
- **FDIC resolution date:** 1991-08-02
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $56M
- **Assets at failure:** $54M
- **Acquiring bank:** AMERICAN BANK (WELSH, LA)

## Other banks AMERICAN BANK has acquired in FDIC resolutions

- UNITEDBANK-HOUSTON (HOUSTON, TX) — failed 1987-04-30 — /failed-bank/1426

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, JENNINGS FSA (FDIC ID 2770), failed 1990-05-18. Retrieved via AI Analytics 2026-07-05 from https://api.ai-analytics.org/failed-bank/2770.

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