TellerScore

Bank failure · LA

Liberty Fs&la (Leesville, LA) — failed April 24, 1987

Liberty Fs&la of Leesville, Louisiana was closed on April 24, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $134.9M in assets and $150.7M in deposits. The FDIC's estimated loss on the failure is $121.7M (90.2% of assets).

Closing date
April 24, 1987
FDIC certificate #
31804
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1987

What happens when a bank fails