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Bank failure · LA

Security National Bank of Shreveport (Shreveport, LA) — failed November 17, 1989

Security National Bank of Shreveport of Shreveport, Louisiana was closed on November 17, 1989 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $19.4M in assets and $20.2M in deposits. The FDIC's estimated loss on the failure is $7.2M (37.2% of assets).

Closing date
November 17, 1989
FDIC certificate #
23763
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
BIF

Other failures in 1989

What happens when a bank fails