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Bank failure · LA

Leader S&la (Monroe, LA) — failed March 4, 1983

Leader S&la of Monroe, Louisiana was closed on March 4, 1983 and resolved through a a/a. Pelican Homestead S&la (LA) took over its insured deposits. At failure it held $229.8M in assets and $139.8M in deposits. The FDIC's estimated loss on the failure is $8.0M (3.5% of assets).

Closing date
March 4, 1983
FDIC certificate #
29964
Resolution
A/A (assistance)
Acquiring institution
Pelican Homestead S&la
Insurance fund
FSLIC

Other failures in 1983

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