BELL S&LA Failed 1985
What happened
BELL S&LA of SAN MATEO, CA was closed on 1985-07-25. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to WESTERN FS&LA (MARINA DEL RAY, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1039
- FDIC Certificate
- 28490
- FDIC FIN
- 1750
- Bank name
- BELL S&LA
- Location
- SAN MATEO, CA
- Failure date
- 1985-07-25
- FDIC resolution date
- 1988-08-23
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $830M
- Deposits at failure
- $1,312M
- Assets at failure
- $1,635M
- Acquiring bank
- WESTERN FS&LA (MARINA DEL RAY, CA)