HOMESTATE S&LA Failed 1988
What happened
HOMESTATE S&LA of HAYWARD, CA was closed on 1988-08-26. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to OLD STONE BANK OF CA A FSB (HAYWARD, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1889
- FDIC Certificate
- 31822
- FDIC FIN
- 1743
- Bank name
- HOMESTATE S&LA
- Location
- HAYWARD, CA
- Failure date
- 1988-08-26
- FDIC resolution date
- 1988-08-26
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $46M
- Deposits at failure
- $222M
- Assets at failure
- $182M
- Acquiring bank
- OLD STONE BANK OF CA A FSB (HAYWARD, CA)