Security Homestead Association

Status:Inactive as of 08/07/1989
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Security Homestead FSA
Headquarters:Security Homestead Association
221 Carondelet St
New Orleans, LA 70130
Established:01/01/1893
FDIC Insurance:08/03/1935
FDIC Cert:#28237
Charter Class:
Total Assets:$547,616,000
Total Deposits:$538,612,000

History

1893-01-01Institution established: Original name:Security Homestead Association
1989-08-07Institution established: Original name:Security Homestead FSA (33062)
1989-08-07Placed into government conservatorship.
1989-08-07Failed, went into receivership, and then became part of Security Homestead FSA (33062)
1989-08-07Placed into government conservatorship.
1991-05-24Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-05-24Government conservatorship or bridge bank resolved.