Bayou Federal Savings and Loan Association
Status: | Inactive as of 03/31/1987 |
Merger - Assisted | |
Successor Bank: | First Federal Savings Bank of New Orleans |
Headquarters: | Bayou Federal Savings and Loan Association 3163 Gentilly Boulevard New Orleans, LA 70122 |
Established: | 01/01/1982 |
FDIC Insurance: | 03/08/1983 |
FDIC Cert: | #32156 |
Charter Class: | |
Total Assets: | $25,833,000 |
Total Deposits: | $28,256,000 |
History
1982-01-01 | Institution established: Original name:Bayou Federal Savings and Loan Association | |
1987-03-31 | Failed. Acquired with government financial assistance and subsequently operated as part of 1ST Federal Savings Bank of New Orleans (31843) | |
1990-06-15 | Institution established: Original name:First Savings Bank of New Orleans, F.S.B. (33086) | |
1990-06-15 | Failed, went into receivership, and then became part of First Savings Bank of New Orleans, F.S.B. (33086) | |
1990-06-15 | Placed into government conservatorship. | |
1991-07-26 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
1991-07-26 | Government conservatorship or bridge bank resolved. |