FIRST FS&LA OF REDDING Failed 1986
What happened
FIRST FS&LA OF REDDING of REDDING, CA was closed on 1986-03-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to GREAT AMERICAN FSB (SAN DIEGO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1161
- FDIC Certificate
- 31380
- FDIC FIN
- 0
- Bank name
- FIRST FS&LA OF REDDING
- Location
- REDDING, CA
- Failure date
- 1986-03-20
- FDIC resolution date
- 1986-03-20
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $-0M
- Deposits at failure
- $41M
- Assets at failure
- $40M
- Acquiring bank
- GREAT AMERICAN FSB (SAN DIEGO, CA)
Other banks GREAT AMERICAN FSB acquired in FDIC resolutions