Bank failure · LA
Fountainbleau Federal (Slidell, LA) — failed March 2, 1989
Fountainbleau Federal of Slidell, Louisiana was closed on March 2, 1989 and resolved through a insured deposit transfer. Fontainebleau Community Ban (LA) took over its insured deposits. At failure it held $38.7M in assets and $37.3M in deposits. The FDIC's estimated loss on the failure is $26.3M (68.0% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 32019
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Fontainebleau Community Ban
- Insurance fund
- RTC
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