Bank Branches › Closed and merged banks › Louisiana › Commonwealth Savings Association
What happened to Commonwealth Savings Association?
Commonwealth Savings Association in New Orleans, LA failed, and Commonwealth Federal Savings Association of New Orleans, LA took it over on Jul 20, 1990. After 2 more changes of hands, what was Commonwealth Savings Association is today part of Capital One, National Association (Mclean, VA).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1937Commonwealth Savings Association opens in New Orleans, LA
- Jul 20, 1990FAILEDCommonwealth Savings Association failed, and Commonwealth Federal Savings Association of New Orleans, LA took it over.FDIC certificate 29865 ends; its business continues under certificate 33153.
- Jul 12, 1991RESOLVEDCommonwealth Federal Savings Association of New Orleans, LA was closed in a federal resolution, and its business passed to St. Bernard Bank & Trust Co. of Arabi, LA.FDIC certificate 33153 ends; its business continues under certificate 1381.
- Oct 1, 1996MERGEDSt. Bernard Bank & Trust Co. of Arabi, LA merged into Hibernia National Bank of Mclean, VA.FDIC certificate 1381 ends; its business continues under certificate 4297.
- TodayOPEN
Capital One, National AssociationMain office Mclean, VA · FDIC certificate 4297 · 245 offices in 9 states on June 30, 2026Every Capital One, National Association office → Website on file with the FDIC: www.capitalone.com
If you still have something from Commonwealth Savings Association
A lien that was never released
Commonwealth Savings Association failed on Jul 20, 1990, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask Capital One, National Association as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Commonwealth Federal Savings Association). Start with Capital One, National Association, and ask them to search under the name Commonwealth Savings Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Capital One, National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 29865 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.