UNION FS&LA Failed 1982
What happened
UNION FS&LA of PINEVILLE, LA was closed on 1982-10-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PELICAN HOMESTEAD & SA (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 715
- FDIC Certificate
- 31301
- FDIC FIN
- 0
- Bank name
- UNION FS&LA
- Location
- PINEVILLE, LA
- Failure date
- 1982-10-01
- FDIC resolution date
- 1982-10-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $25M
- Assets at failure
- $29M
- Acquiring bank
- PELICAN HOMESTEAD & SA (NEW ORLEANS, LA)
Other banks PELICAN HOMESTEAD & SA acquired in FDIC resolutions