Deactivated Lenders

To assure that your Common Manual remains current, please record this document on your LPM/LPB Index, and retain it in Appendix E of your manual.

Effective August 20, 1998, the U.S. Department of Education (the Department) deactivated the following lenders for failure to file a Lender's Interest and Special Allowance Request and Report (ED Form 799) within the last two quarters:

805007 American Security Bank, Eunice, Louisiana
805004 Bank of West Baton Rouge, Port Allen, Louisiana
805143 Minden Bank and Trust Company, Minden, Louisiana
805160 Richland State Bank, Rayville, Louisiana
823144 Citizens Bank & Trust Company, Plaquemine, Louisiana
825292 Jefferson Parish School Board Employees, Harvey, Louisiana
830821 St. Mary Bank & Trust, Franklin, Louisiana

FFELP loans may not be guaranteed for deactivated lenders, and LOSFA will not pay default claims for loans on which origination fees have not been paid. Lenders with questions about their deactivation should contact the Department at the following location:

USDE Interest Payment Processing Center
P. O. Box 4134
Greenville, TX 75403-4134
Telephone 903 408-4551