PRESIDIO S&LA Failed 1985
What happened
PRESIDIO S&LA of PORTERVILLE, CA was closed on 1985-08-28. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to GIBRALTER SAVINGS (BEVERLY HILLS, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1059
- FDIC Certificate
- 31749
- FDIC FIN
- 7541
- Bank name
- PRESIDIO S&LA
- Location
- PORTERVILLE, CA
- Failure date
- 1985-08-28
- FDIC resolution date
- 1986-08-08
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $97M
- Deposits at failure
- $245M
- Assets at failure
- $284M
- Acquiring bank
- GIBRALTER SAVINGS (BEVERLY HILLS, CA)