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Bank failure · LA

Security S&la (Ville Platte, LA) — failed September 30, 1983

Security S&la of Ville Platte, Louisiana was closed on September 30, 1983 and resolved through a a/a. Pelican Homestead & Sa (LA) took over its insured deposits. At failure it held $26.5M in assets and $25.1M in deposits. The FDIC's estimated loss on the failure is $329K (1.2% of assets).

Closing date
September 30, 1983
FDIC certificate #
31178
Resolution
A/A (assistance)
Acquiring institution
Pelican Homestead & Sa
Insurance fund
FSLIC

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