Bank failure · LA
Family Fs & LA (Shreveport, LA) — failed March 16, 1989
Family Fs & LA of Shreveport, Louisiana was closed on March 16, 1989 and resolved through a insured deposit transfer. City B&t of Shreveport (LA) took over its insured deposits. At failure it held $27.6M in assets and $23.6M in deposits. The FDIC's estimated loss on the failure is $19.7M (71.1% of assets).
- Closing date
- March 16, 1989
- FDIC certificate #
- 32063
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- City B&t of Shreveport
- Insurance fund
- RTC
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