ADOBE SAVINGS BANK Failed 1988
What happened
ADOBE SAVINGS BANK of CONCORD, CA was closed on 1988-09-30. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to TRACY SAVINGS&LOAN ASSN (TRACY, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1945
- FDIC Certificate
- 31692
- FDIC FIN
- 1757
- Bank name
- ADOBE SAVINGS BANK
- Location
- CONCORD, CA
- Failure date
- 1988-09-30
- FDIC resolution date
- 1988-09-30
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $43M
- Assets at failure
- $48M
- Acquiring bank
- TRACY SAVINGS&LOAN ASSN (TRACY, CA)