# AMERICAN S&LA

> **Failed bank** · STOCKTON, CA · failed 1988-09-07 · SL · FDIC cost $5,370M

## What happened

AMERICAN S&LA of STOCKTON, CA was closed by state regulators on **1988-09-07**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **AMERICAN SAVINGS BANK FA** (STOCKTON, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1916
- **FDIC Certificate:** 28559
- **FDIC FIN:** 1776
- **Bank name:** AMERICAN S&LA
- **Location:** STOCKTON, CA
- **Failure date:** 1988-09-07
- **FDIC resolution date:** 1988-12-28
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $5,370M
- **Deposits at failure:** $15,411M
- **Assets at failure:** $30,162M
- **Acquiring bank:** AMERICAN SAVINGS BANK FA (STOCKTON, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN S&LA (FDIC ID 1916), failed 1988-09-07. Retrieved via AI Analytics 2026-07-01 from https://api.ai-analytics.org/failed-bank/1916.

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