CAPITOL-UNION FSA Failed 1990

BATON ROUGE, LA · SL · view on FDIC BankFind ↗

What happened

CAPITOL-UNION FSA of BATON ROUGE, LA was closed on 1990-07-13. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2845
FDIC Certificate
28023
FDIC FIN
7329
Bank name
CAPITOL-UNION FSA
Location
BATON ROUGE, LA
Failure date
1990-07-13
FDIC resolution date
1991-06-21
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$117M
Deposits at failure
$323M
Assets at failure
$393M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions