# UNITED FS & LA

> **Failed bank** · VIDALIA, LA · failed 1990-07-20 · SL

## What happened

UNITED FS & LA of VIDALIA, LA was closed by state regulators on **1990-07-20**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2851
- **FDIC Certificate:** 31269
- **FDIC FIN:** 7122
- **Bank name:** UNITED FS & LA
- **Location:** VIDALIA, LA
- **Failure date:** 1990-07-20
- **FDIC resolution date:** 1990-07-20
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $19M
- **Assets at failure:** $19M
- **Acquiring bank:** CONCORDIA B&TC (VIDALIA, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED FS & LA (FDIC ID 2851), failed 1990-07-20. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/2851.

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