Data / Bank failures / 1981 / Guaranty FS&LA
Guaranty FS&LA, Baton Rouge, LA: received FDIC assistance November 30, 1981
Guaranty FS&LA in Baton Rouge, Louisiana, received open bank assistance from the FDIC on November 30, 1981. It held $33.5 million in assets and $29 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $48,906 (0.1% of its assets). By assets it was the 30th largest of 40 banks closed or assisted in 1981.
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The FDIC's record
- Closed
- November 30, 1981
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Pelican FS&LA, New Orleans, LA
- Total assets
- $33,450,687
- Total deposits
- $29,033,159
- Estimated cost to the FDIC
- $48,906 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 30964
Other bank failures in Louisiana, 1979 to 1983
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Metro FS&LA | Lake Charles | December 2, 1983 | $27.4 million | $18.5 million | $10.9 million | |
| Security S&LA (assistance) | Ville Platte | September 30, 1983 | $26.5 million | $25.1 million | $329,201 | Pelican Homestead & Sa |
| Bastrop FS&LA (assistance) | Bastrop | September 30, 1983 | $32.9 million | $32.5 million | $983,152 | Pelican FS&LA |
| Continental S&LA (assistance) | New Orleans | May 31, 1983 | $40 million | $28.6 million | $2.9 million | South SAVINGS&LOAN Assn |
| Leader S&LA (assistance) | Monroe | March 4, 1983 | $229.8 million | $139.8 million | $8 million | Pelican Homestead S&LA |
| Heritage FS&LA (assistance) | Bossier City | October 1, 1982 | $71 million | $47.2 million | $2 million | Dixie FS&LA |
| Union FS&LA (assistance) | Pineville | October 1, 1982 | $29.1 million | $25 million | $1.5 million | Pelican Homestead & Sa |
| Dixie FS&LA (assistance) | New Orleans | October 1, 1982 | $539 million | $433.8 million | $19 million | Dixie FS&LA |
Other failed banks Pelican FS&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Bastrop FS&LA (assistance) | Bastrop | LA | September 30, 1983 | $32.9 million | $32.5 million | $983,152 | Pelican FS&LA |
All bank failures in 1981 · All bank failures in Louisiana · Every failed bank Pelican FS&LA took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.