Metro Federal Savings and Loan Association of Lakes Charles was a savings and loan in Lake Charles, LA. It failed on Dec 2, 1983, and its insured deposits were paid out. At its last report it held $27.4 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Dec 2, 1983
- Assets
- $27.4M
- Deposits
- $18.5M
- Estimated cost
- $10.9M
- Deposits went to
- insured deposit transfer
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- Savings and loan
- Head office
- 551 West Prien Lake Road, Lake Charles, LA, 70601
- County
- Calcasieu
- Established
- Aug 27, 1959
- Failed
- Nov 30, 1983
- Id
- b31114
Related pages
Questions and answers
When did Metro Federal Savings and Loan Association of Lakes Charles fail?
Dec 2, 1983. The estimated cost of the failure was $10.9 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.