FIRST FINANCIAL BANK, FSB Failed 1985

NEW ORLEANS, LA · Savings bank · view on FDIC BankFind ↗

What happened

FIRST FINANCIAL BANK, FSB of NEW ORLEANS, LA was closed on 1985-05-10. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FINANCIAL BANK, FSB (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
991
FDIC Certificate
28448
FDIC FIN
1718
Bank name
FIRST FINANCIAL BANK, FSB
Location
NEW ORLEANS, LA
Failure date
1985-05-10
FDIC resolution date
1985-05-10
Charter type
Savings bank
Resolution type
A/A
FDIC DIF cost (est.)
$52M
Deposits at failure
$631M
Assets at failure
$739M
Acquiring bank
FIRST FINANCIAL BANK, FSB (NEW ORLEANS, LA)

Other banks FIRST FINANCIAL BANK, FSB acquired in FDIC resolutions