TellerScore

Bank failure · LA

Alliance Fs&la (Kenner, LA) — failed August 23, 1985

Alliance Fs&la of Kenner, Louisiana was closed on August 23, 1985 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $188.1M in assets and $134.0M in deposits. The FDIC's estimated loss on the failure is $147.9M (78.6% of assets).

Closing date
August 23, 1985
FDIC certificate #
32083
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1985

What happens when a bank fails