Bank failure · LA
Capitol-Union Fsa (Baton Rouge, LA) — failed July 13, 1990
Capitol-Union Fsa of Baton Rouge, Louisiana was closed on July 13, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $392.8M in assets and $322.6M in deposits. The FDIC's estimated loss on the failure is $116.8M (29.7% of assets).
- Closing date
- July 13, 1990
- FDIC certificate #
- 28023
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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