WESTWOOD S&LA Failed 1986

LOS ANGELES, CA · SL · view on FDIC BankFind ↗

What happened

WESTWOOD S&LA of LOS ANGELES, CA was closed on 1986-03-27. The FDIC was named receiver.

Resolution: MGR

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1167
FDIC Certificate
31927
FDIC FIN
0
Bank name
WESTWOOD S&LA
Location
LOS ANGELES, CA
Failure date
1986-03-27
Charter type
SL
Resolution type
MGR
Deposits at failure
$551M
Assets at failure
$583M
Acquiring bank
0 (0, 0)
FDIC comments
FSLIC-RTC Duplicate Failures

Other banks 0 acquired in FDIC resolutions