# VERMILION FSB

> **Failed bank** · ABBEVILLE, LA · failed 1991-05-10 · SL · FDIC cost $0M

## What happened

VERMILION FSB of ABBEVILLE, LA was closed by state regulators on **1991-05-10**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST ACADIANA NB** (OPELOUSAS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3099
- **FDIC Certificate:** 31552
- **FDIC FIN:** 2145
- **Bank name:** VERMILION FSB
- **Location:** ABBEVILLE, LA
- **Failure date:** 1991-05-10
- **FDIC resolution date:** 1991-11-01
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $18M
- **Assets at failure:** $18M
- **Acquiring bank:** FIRST ACADIANA NB (OPELOUSAS, LA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, VERMILION FSB (FDIC ID 3099), failed 1991-05-10. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3099.

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