Bank failure · LA
Acadiana National Bank (Lafayette, LA) — failed April 19, 1990
Acadiana National Bank of Lafayette, Louisiana was closed on April 19, 1990 and resolved through a purchase and assumption. First National Bank of St. (LA) took over its insured deposits. At failure it held $33.5M in assets and $33.0M in deposits. The FDIC's estimated loss on the failure is $1.3M (4.0% of assets).
- Closing date
- April 19, 1990
- FDIC certificate #
- 24941
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First National Bank of St.
- Insurance fund
- BIF
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