INVESTORS BANK AND TRUST COMPANY Failed 1992

GRETNA, LA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

INVESTORS BANK AND TRUST COMPANY of GRETNA, LA was closed on 1992-11-13. The FDIC was named receiver.

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

Deposits were transferred to DELTA BANK&TRUST CO (BELLE CHASSE, LA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3412
FDIC Certificate
25721
FDIC FIN
4547
Bank name
INVESTORS BANK AND TRUST COMPANY
Location
GRETNA, LA
Failure date
1992-11-13
FDIC resolution date
1992-11-13
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$5M
Deposits at failure
$51M
Assets at failure
$52M
Acquiring bank
DELTA BANK&TRUST CO (BELLE CHASSE, LA)