# WASHINGTON S & L ASSOC.

> **Failed bank** · STOCKTON, CA · failed 1989-04-06 · SL · FDIC cost $0M

## What happened

WASHINGTON S & L ASSOC. of STOCKTON, CA was closed by state regulators on **1989-04-06**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **SECURITY PACIFIC NB, NA** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2340
- **FDIC Certificate:** 32087
- **FDIC FIN:** 7002
- **Bank name:** WASHINGTON S & L ASSOC.
- **Location:** STOCKTON, CA
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1990-05-11
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $69M
- **Assets at failure:** $67M
- **Acquiring bank:** SECURITY PACIFIC NB, NA (LOS ANGELES, CA)

## Other banks SECURITY PACIFIC NB, NA has acquired in FDIC resolutions

- MERCURY SAVINGS (HUNTINGTON BEACH, CA) — failed 1990-02-23 — /failed-bank/2677
- GIBRALTAR SAVINGS, FA (SIMI VALLEY, CA) — failed 1989-03-31 — /failed-bank/2311

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WASHINGTON S & L ASSOC. (FDIC ID 2340), failed 1989-04-06. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2340.

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