Bank failure · LA
United Fs & LA (Vidalia, LA) — failed July 20, 1990
United Fs & LA of Vidalia, Louisiana was closed on July 20, 1990 and resolved through a purchase and assumption. Concordia B&tc (LA) took over its insured deposits. At failure it held $18.9M in assets and $18.9M in deposits. The FDIC's estimated loss on the failure is $193 (0.0% of assets).
- Closing date
- July 20, 1990
- FDIC certificate #
- 31269
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Concordia B&tc
- Insurance fund
- RTC
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