# CENTRAL S&LA

> **Failed bank** · SAN DIEGO, CA · failed 1985-05-31 · SL · FDIC cost $327M

## What happened

CENTRAL S&LA of SAN DIEGO, CA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $327M
- **Deposits at failure:** $1,681M
- **Assets at failure:** $2,309M
- **Acquiring bank:** COAST S&LA (LOS ANGELES, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CENTRAL%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTRAL S&LA (FDIC ID 1004), failed 1985-05-31. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1004.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*