Failed Bank Information for Statewide Bank, Covington, LA
On Friday, March 12, 2010, Statewide Bank was closed by the Louisiana Office of Financial Institutions. The FDIC was named Receiver. Home Bank, Lafayette, LA acquired all deposit accounts.
The FDIC as Receiver for Statewide Bank, Covington, LA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on April 9, 2021 and has made all dividend distributions required by law.
Effective July 1, 2021, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: July 1, 2021
Publication Date: April 9, 2021
Report on dividends paid
Official press release
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: HOME BANK
About Home Bank
All deposit accounts, were transferred to Home Bank, Lafayette, LA ("assuming institution"). Former Statewide Bank locations reopened as branches of Home Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Home Bank for at least six months after the failure of Statewide Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Home Bank as long as the deposits are not pledged as collateral for loans.
Contacting Home Bank
You can contact Home Bank:
503 Kaliste Saloom
Lafayette, LA 70508
Home Bank ( www.home24bank.com)
Purchase & Assumption Agreement - PDF (347 kb)
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank