First Federal Savings Bank of New Orleans
Status: | Inactive as of 06/15/1990 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | First Savings Bank of New Orleans, F.S.B. |
Headquarters: | First Federal Savings Bank of New Orleans 3131 N I10 Service Road Metairie, LA 70002 |
Established: | 01/01/1976 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #31843 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $156,335,000 |
Total Deposits: | $134,186,000 |
History
1976-01-01 | Institution established: Original name:First Federal Savings and Loan Association | |
1984-07-31 | Changed organization type to STOCK SAVINGS & LOAN | |
1985-05-31 | Changed name to First Federal Savings Bank of New Orleans | |
1987-03-31 | Acquired Bayou Federal Savings and Loan Association (32156) in NEW ORLEANS, LA | |
1990-06-15 | Placed into government conservatorship. | |
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 | Institution established: Original name:First Savings Bank of New Orleans, F.S.B. (33086) | |
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. |