# HOMESTATE S&LA

> **Failed bank** · HAYWARD, CA · failed 1988-08-26 · SL · FDIC cost $46M

## What happened

HOMESTATE S&LA of HAYWARD, CA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $46M
- **Deposits at failure:** $222M
- **Assets at failure:** $182M
- **Acquiring bank:** OLD STONE BANK OF CA A FSB (HAYWARD, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HOMESTATE S&LA (FDIC ID 1889), failed 1988-08-26. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1889.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*