# STANFORD S&LA

> **Failed bank** · PALO ALTO, CA · failed 1988-06-24 · SL · FDIC cost $17M

## What happened

STANFORD S&LA of PALO ALTO, CA was closed by state regulators on **1988-06-24**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **EUREKA FS&LA** (SAN CARLOS, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1783
- **FDIC Certificate:** 32121
- **FDIC FIN:** 1733
- **Bank name:** STANFORD S&LA
- **Location:** PALO ALTO, CA
- **Failure date:** 1988-06-24
- **FDIC resolution date:** 1988-06-24
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $17M
- **Deposits at failure:** $80M
- **Assets at failure:** $73M
- **Acquiring bank:** EUREKA FS&LA (SAN CARLOS, CA)

## Other banks EUREKA FS&LA has acquired in FDIC resolutions

- EUREKA FS&LA (SAN CARLOS, CA) — failed 1985-06-21 — /failed-bank/1016

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, STANFORD S&LA (FDIC ID 1783), failed 1988-06-24. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1783.

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