Bank failure · LA

Guaranty Fs&la (Baton Rouge, LA) — failed November 30, 1981

Guaranty Fs&la of Baton Rouge, Louisiana was closed on November 30, 1981 and resolved through a a/a. Pelican Fs&la (LA) took over its insured deposits. At failure it held $33.5M in assets and $29.0M in deposits. The FDIC's estimated loss on the failure is $49K (0.1% of assets).