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Bank failure · LA

Metro Fs&la (Lake Charles, LA) — failed December 2, 1983

Metro Fs&la of Lake Charles, Louisiana was closed on December 2, 1983 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $27.4M in assets and $18.5M in deposits. The FDIC's estimated loss on the failure is $10.9M (39.7% of assets).

Closing date
December 2, 1983
FDIC certificate #
31114
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

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