# SUN S&LA

> **Failed bank** · SAN DIEGO, CA · failed 1986-07-18 · SL · FDIC cost $40M

## What happened

SUN S&LA of SAN DIEGO, CA was closed by state regulators on **1986-07-18**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FLAGSHIP FSB** (SAN DIEGO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1235
- **FDIC Certificate:** 32044
- **FDIC FIN:** 7537
- **Bank name:** SUN S&LA
- **Location:** SAN DIEGO, CA
- **Failure date:** 1986-07-18
- **FDIC resolution date:** 1988-11-18
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $40M
- **Deposits at failure:** $334M
- **Assets at failure:** $371M
- **Acquiring bank:** FLAGSHIP FSB (SAN DIEGO, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUN S&LA (FDIC ID 1235), failed 1986-07-18. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1235.

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