Bank failure · LA
Bankers Trust of Louisiana, NA (Kenner, LA) — failed March 10, 1989
Bankers Trust of Louisiana, NA of Kenner, Louisiana was closed on March 10, 1989 and resolved through a insured deposit transfer. Investors Bank & Trust Comp (LA) took over its insured deposits. At failure it held $83.0M in assets and $88.9M in deposits. The FDIC's estimated loss on the failure is $22.7M (27.4% of assets).
- Closing date
- March 10, 1989
- FDIC certificate #
- 23984
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Investors Bank & Trust Comp
- Insurance fund
- FDIC
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