CENTRAL S&LA Failed 1985

SAN DIEGO, CA · SL · view on FDIC BankFind ↗

What happened

CENTRAL S&LA of SAN DIEGO, CA was closed on 1985-05-31. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to COAST S&LA (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1004
FDIC Certificate
30965
FDIC FIN
1706
Bank name
CENTRAL S&LA
Location
SAN DIEGO, CA
Failure date
1985-05-31
FDIC resolution date
1987-04-10
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$327M
Deposits at failure
$1,681M
Assets at failure
$2,309M
Acquiring bank
COAST S&LA (LOS ANGELES, CA)