# THE FARMERS BANK & TRUST OF CHENEYVILLE

> **Failed bank** · CHENEYVILLE, LA · failed 2002-12-17 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $12M

## What happened

THE FARMERS BANK & TRUST OF CHENEYVILLE of CHENEYVILLE, LA was closed by regulators on **2002-12-17**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **SABINE STATE BANK & TRUST C** (MANY, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3545
- **FDIC Certificate:** 16445
- **FDIC FIN:** 4659
- **Bank name:** THE FARMERS BANK & TRUST OF CHENEYVILLE
- **Location:** CHENEYVILLE, LA
- **Failure date:** 2002-12-17
- **FDIC resolution date:** 2002-12-17
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $12M
- **Deposits at failure:** $32M
- **Assets at failure:** $35M
- **Acquiring bank:** SABINE STATE BANK & TRUST C (MANY, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FARMERS%20BANK%20%26%20TRUST%20OF%20CHENEYVILLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FARMERS BANK & TRUST OF CHENEYVILLE (FDIC ID 3545), failed 2002-12-17. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3545.

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