Life Savings Bank, F.S.B.

Status:Inactive as of 01/29/1993
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Life Federal Savings Bank
Headquarters:Life Savings Bank, F.S.B.
7990 Scenic Highway
Baton Rouge, LA 70807
Established:08/17/1990
FDIC Insurance:08/17/1990
FDIC Cert:#33186
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$16,753,000
Total Deposits:$16,512,000

History

1990-08-17Acquired First Federal Savings and Loan Association (30907) in BATON ROUGE, LA
1990-08-17Institution established: Original name:Life Savings Bank, F.S.B.
1993-01-29Institution established: Original name:Life Federal Savings Bank (33775)
1993-01-29Placed into government conservatorship.
1993-01-29Failed, went into receivership, and then became part of Life Federal Savings Bank (33775)
1994-03-25Acquired after government financial assistance and subsequently operated as part of Liberty Bank and Trust Company (20856)
1994-03-25Government conservatorship or bridge bank resolved.
1994-04-08Acquired Carrollton Homestead Association, F.A. (33570) in NEW ORLEANS, LA as part of a government assisted transaction.
2003-08-15Acquired First American Bank (33819) in JACKSON, MS
2007-07-25Moved bank headquarters from BATON ROUGE, LA to NEW ORLEANS, LA
2008-01-25Acquired Douglass National Bank (24660) in KANSAS CITY, MO as part of a government assisted transaction.
2009-04-01Acquired United Bank and Trust Company (33144) in NEW ORLEANS, LA
2009-11-06Acquired Home Federal Savings Bank (30329) in DETROIT, MI as part of a government assisted transaction.
2013-02-15Acquired Covenant Bank (22476) in CHICAGO, IL as part of a government assisted transaction.
2015-03-16Acquired First Tuskegee Bank (33519) in TUSKEGEE, AL
2020-04-22Acquired Metro Bank (34308) in LOUISVILLE, KY
2021-10-08Acquired Tri-State Bank of MemphisLiberty Bank and Trust Company (16511) in MEMPHIS, TN.
2021-10-08Acquired Tri-State Bank of MemphisLiberty Bank and Trust Company (16511) in MEMPHIS, TN.