Bank Branches › Closed and merged banks › Louisiana › Southern Federal Savings Bank
What happened to Southern Federal Savings Bank?
Southern Federal Savings Bank in New Orleans, LA was closed in a federal resolution, and its business passed to Gulf Coast Bank and Trust Company of New Orleans, LA on Sep 27, 1991. Gulf Coast Bank and Trust Company is open today.
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.
- 1990Southern Federal Savings Bank opens in New Orleans, LA
- Sep 27, 1991RESOLVEDSouthern Federal Savings Bank was closed in a federal resolution, and its business passed to Gulf Coast Bank and Trust Company of New Orleans, LA.FDIC certificate 33267 ends; its business continues under certificate 32974.
- TodayOPEN
Gulf Coast Bank and Trust CompanyMain office New Orleans, LA · FDIC certificate 32974 · 24 offices in 4 states on June 30, 2026Every Gulf Coast Bank and Trust Company office → Website on file with the FDIC: www.gulfbank.com
If you still have something from Southern Federal Savings Bank
A lien that was never released
Southern Federal Savings Bank was closed in a federal resolution on Sep 27, 1991. 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 Gulf Coast Bank and Trust Company 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, Gulf Coast Bank and Trust Company). Start with Gulf Coast Bank and Trust Company, and ask them to search under the name Southern Federal Savings Bank.
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 Gulf Coast Bank and Trust Company. 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 ▾
Banks folded into Southern Federal Savings Bank
1 bank merged directly into this charter; counting the banks those had absorbed earlier, 3 charters end up inside it.
| Bank | Ended |
|---|---|
| Southern Savings Bank, SSBNew Orleans, LA | Dec 28, 1990 |
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 33267 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.