Merchants Trust & Savings Bank
Status: | Inactive as of 02/14/1991 |
Absorption - Assisted | |
Successor Bank: | First American Bank and Trust |
Headquarters: | Merchants Trust & Savings Bank 3145 Williams Boulevard Kenner, LA 70062 |
Established: | 12/14/1950 |
FDIC Insurance: | 12/14/1950 |
FDIC Cert: | #16965 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $43,848,000 |
Total Deposits: | $42,729,000 |
History
1950-12-14 | Institution established: Original name:Merchants Trust & Savings Bank | |
1991-02-14 | Failed. Acquired with government financial assistance and subsequently operated as part of First American Bank and Trust (8149) | |
1996-09-24 | Acquired First American Bank of Tangipahoa (25805) in HAMMOND, LA | |
2001-07-31 | Acquired Schwegmann Bank and Trust Company (25139) in HARVEY, LA | |
2010-06-02 | Moved bank headquarters from KENNER, LA to VACHERIE, LA |