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Bank failure · LA

French Market Homestead (Metairie, LA) — failed August 6, 1987

French Market Homestead of Metairie, Louisiana was closed on August 6, 1987 and resolved through a assisted merger. 0 (0) took over its insured deposits. At failure it held $321.1M in assets and $302.7M in deposits.

Closing date
August 6, 1987
FDIC certificate #
29902
Resolution
Assisted merger (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1987

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