Bank failure · LA
Enterprise Federal Savings (Marrero, LA) — failed March 2, 1989
Enterprise Federal Savings of Marrero, Louisiana was closed on March 2, 1989 and resolved through a insured deposit transfer. Whitney Nb (LA) took over its insured deposits. At failure it held $63.5M in assets and $67.0M in deposits. The FDIC's estimated loss on the failure is $35.3M (55.6% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 31993
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Whitney Nb
- Insurance fund
- RTC
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