Skip to the page

Data / Bank failures / 1981 / Lafayette FS&LA

Lafayette FS&LA, Warson Woods, MO: received FDIC assistance October 2, 1981

Lafayette FS&LA in Warson Woods, Missouri, received open bank assistance from the FDIC on October 2, 1981. It held $416.5 million in assets and $253.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $799.3 million (191.9% of its assets). By assets it was the 12th largest of 40 banks closed or assisted in 1981.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

The FDIC's record

Closed
October 2, 1981
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
United Postal, ST Louis, MO
Total assets
$416,460,415
Total deposits
$253,734,210
Estimated cost to the FDIC
$799,330,000 (estimate as of July 31, 2026)
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
28604

The FDIC record

Other bank failures in Missouri, 1979 to 1983

BankCityClosedAssetsDepositsEstimated costAcquirer
Bohemian S&LA (assistance)ST. LouisDecember 1, 1983$168.6 million$173.2 million$2.5 millionBohemian S&LA
Gibraltar S&LA (assistance)MaplewoodAugust 12, 1983$48.9 million$43.7 million$2 millionRoosevelt FS&LA
Northwestern S&LA (assistance)NormandyApril 11, 1983$82.5 million$69.3 million$11.9 millionRoosevelt FS&LA
Carondelet S&LA Also Case 115 (assistance)ST. LouisFebruary 28, 1983$740.6 million$645.6 million$51.3 millionCommunity FS&LA
First FS&LA of Moberly (assistance)MoberlyFebruary 28, 1983$38.7 million$30 million$2.3 millionCommunity FS&LA
The Madison County BankFredericktownJanuary 21, 1983$7 million$6.8 million$729,623Madison Exchange Bank
Bollinger County BankLutesvilleDecember 10, 1982$15.9 million$14.6 million$1.6 millionSecurity BK Bollinger CN
Tri-Lakes FS&LA (assistance)BransonJuly 15, 1982$13.9 million$12.8 million$700,000Great Southern S&LA

All bank failures in 1981 · All bank failures in Missouri · 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.