Bank failure · LA
Central Bank & Trust Company (Glenmora, LA) — failed February 26, 1987
Central Bank & Trust Company of Glenmora, Louisiana was closed on February 26, 1987 and resolved through a a/a. Peoples B&t Natchitoches LA (LA) took over its insured deposits. At failure it held $20.6M in assets and $24.7M in deposits. The FDIC's estimated loss on the failure is $11K (0.1% of assets).
- Closing date
- February 26, 1987
- FDIC certificate #
- 19331
- Resolution
- A/A (assistance)
- Acquiring institution
- Peoples B&t Natchitoches LA
- Insurance fund
- FDIC
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