Bank failure · MO

Lafayette Fs&la (Warson Woods, MO) — failed October 2, 1981

Lafayette Fs&la of Warson Woods, Missouri was closed on October 2, 1981 and resolved through a a/a. United Postal (MO) took over its insured deposits. At failure it held $416.5M in assets and $253.7M in deposits. The FDIC's estimated loss on the failure is $799.3M (191.9% of assets).