# TAHOE S&LA

> **Failed bank** · SOUTH LAKE TAHOE, CA · failed 1987-04-03 · SL · FDIC cost $42M

## What happened

TAHOE S&LA of SOUTH LAKE TAHOE, CA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $42M
- **Deposits at failure:** $91M
- **Assets at failure:** $81M
- **Acquiring bank:** FIRST NETWORK SAVINGS BANK (LOS ANGELES, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TAHOE S&LA (FDIC ID 1407), failed 1987-04-03. Retrieved via AI Analytics 2026-05-23 from https://api.ai-analytics.org/failed-bank/1407.

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