FIRST SECURITY SB Failed 1988

PLEASANT HILL, CA · SL · view on FDIC BankFind ↗

What happened

FIRST SECURITY SB of PLEASANT HILL, CA was closed on 1988-07-21. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to COLUMBUS SAVINGS, A FS&LA (WALNUT CREEK, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1798
FDIC Certificate
31898
FDIC FIN
1783
Bank name
FIRST SECURITY SB
Location
PLEASANT HILL, CA
Failure date
1988-07-21
FDIC resolution date
1988-12-31
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$45M
Deposits at failure
$133M
Assets at failure
$177M
Acquiring bank
COLUMBUS SAVINGS, A FS&LA (WALNUT CREEK, CA)

Other banks COLUMBUS SAVINGS, A FS&LA acquired in FDIC resolutions