EQUITABLE S&LA Failed 1987

STANTON, CA · SL · view on FDIC BankFind ↗

What happened

EQUITABLE S&LA of STANTON, CA was closed on 1987-03-27. The FDIC was named receiver.

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

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

Key facts

FDIC ID
1405
FDIC Certificate
31880
FDIC FIN
7553
Bank name
EQUITABLE S&LA
Location
STANTON, CA
Failure date
1987-03-27
FDIC resolution date
1987-03-27
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$29M
Deposits at failure
$84M
Assets at failure
$59M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions