# MT. WHITNEY S&LA

> **Failed bank** · EXETER, CA · failed 1986-02-12 · SL · FDIC cost $30M

## What happened

MT. WHITNEY S&LA of EXETER, CA was closed by state regulators on **1986-02-12**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **GUARDIAN S&LA** (LONG BEACH, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1144
- **FDIC Certificate:** 32058
- **FDIC FIN:** 7566
- **Bank name:** MT. WHITNEY S&LA
- **Location:** EXETER, CA
- **Failure date:** 1986-02-12
- **FDIC resolution date:** 1988-02-26
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $30M
- **Deposits at failure:** $84M
- **Assets at failure:** $82M
- **Acquiring bank:** GUARDIAN S&LA (LONG BEACH, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MT. WHITNEY S&LA (FDIC ID 1144), failed 1986-02-12. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1144.

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