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

1950-12-14Institution established: Original name:Merchants Trust & Savings Bank
1991-02-14Failed. Acquired with government financial assistance and subsequently operated as part of First American Bank and Trust (8149)
1996-09-24Acquired First American Bank of Tangipahoa (25805) in HAMMOND, LA
2001-07-31Acquired Schwegmann Bank and Trust Company (25139) in HARVEY, LA
2010-06-02Moved bank headquarters from KENNER, LA to VACHERIE, LA