TAHOE S&LA Failed 1987
What happened
TAHOE S&LA of SOUTH LAKE TAHOE, CA was closed on 1987-04-03. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST NETWORK SAVINGS BANK (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1407
- FDIC Certificate
- 31440
- FDIC FIN
- 1787
- Bank name
- TAHOE S&LA
- Location
- SOUTH LAKE TAHOE, CA
- Failure date
- 1987-04-03
- FDIC resolution date
- 1988-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $42M
- Deposits at failure
- $91M
- Assets at failure
- $81M
- Acquiring bank
- FIRST NETWORK SAVINGS BANK (LOS ANGELES, CA)