# FIRST FS&LA OF REDDING

> **Failed bank** · REDDING, CA · failed 1986-03-20 · SL · FDIC cost $-0M

## What happened

FIRST FS&LA OF REDDING of REDDING, CA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $-0M
- **Deposits at failure:** $41M
- **Assets at failure:** $40M
- **Acquiring bank:** GREAT AMERICAN FSB (SAN DIEGO, CA)

## Other banks GREAT AMERICAN FSB has acquired in FDIC resolutions

- HACIENDA FS&LA (OXNARD, CA) — failed 1986-03-20 — /failed-bank/1162
- INGLEWOOD FS&LA (INGLEWOOD, CA) — failed 1982-02-01 — /failed-bank/633

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%26LA%20OF%20REDDING

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF REDDING (FDIC ID 1161), failed 1986-03-20. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1161.

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