Sun Belt Federal Bank, FSB
Status: | Inactive as of 05/31/1986 |
Merger - Assisted | |
Successor Bank: | Horizon Federal Savings and Loan Association |
Headquarters: | Sun Belt Federal Bank, FSB 201 Hood Street Lake Providence, LA 71254 |
Established: | 01/01/1933 |
FDIC Insurance: | 10/13/1934 |
FDIC Cert: | #28913 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $205,102,000 |
Total Deposits: | $256,676,000 |
History
1933-01-01 | Institution established: Original name:Sun Belt Federal Bank, FSB | |
1981-07-31 | Acquired Franklin Federal Savings and Loan Association (31955) in WINNSBORO, LA | |
1984-09-30 | Changed organization type to STOCK SAVINGS BANK | |
1986-05-31 | Failed. Acquired with government financial assistance and subsequently operated as part of Horizon Federal Savings and Loan Association (32471) | |
1986-06-30 | Acquired Crescent Federal Savings Bank (32098) in NEW ORLEANS, LA | |
1986-06-30 | Acquired Community Savings and Loan Association (32015) in BATON ROUGE, LA | |
1986-06-30 | Acquired Northlake Federal Savings and Loan Association (32029) in COVINGTON, LA | |
1986-06-30 | Acquired New Orleans Federal Savings and Loan Association (31480) in NEW ORLEANS, LA | |
1986-06-30 | Acquired Audubon Federal Savings and Loan Association (31891) in NEW ORLEANS, LA | |
1987-10-31 | Moved bank headquarters from LAKE PROVIDENCE, LA to METAIRIE, LA | |
1989-02-17 | Placed into government conservatorship. | |
1990-05-18 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
1990-05-18 | Government conservatorship or bridge bank resolved. |