# SOUTHERN CALIFORNIA  S&LA

> **Failed bank** · BEVERLY HILLS, CA · failed 1985-06-06 · SL · FDIC cost $224M

## What happened

SOUTHERN CALIFORNIA  S&LA of BEVERLY HILLS, CA was closed by state regulators on **1985-06-06**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **SOUTHERN CALIFORNIA FS&LA** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1005
- **FDIC Certificate:** 28621
- **FDIC FIN:** 1707
- **Bank name:** SOUTHERN CALIFORNIA  S&LA
- **Location:** BEVERLY HILLS, CA
- **Failure date:** 1985-06-06
- **FDIC resolution date:** 1987-04-30
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $224M
- **Deposits at failure:** $1,264M
- **Assets at failure:** $1,493M
- **Acquiring bank:** SOUTHERN CALIFORNIA FS&LA (LOS ANGELES, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SOUTHERN CALIFORNIA  S&LA (FDIC ID 1005), failed 1985-06-06. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1005.

---

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