UNIFIED SAVINGS FS & LA Failed 1989

NORTHRIDGE, CA · SL · view on FDIC BankFind ↗

What happened

UNIFIED SAVINGS FS & LA of NORTHRIDGE, CA was closed on 1989-04-06. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2349
FDIC Certificate
32506
FDIC FIN
6924
Bank name
UNIFIED SAVINGS FS & LA
Location
NORTHRIDGE, CA
Failure date
1989-04-06
FDIC resolution date
1989-09-22
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$23M
Deposits at failure
$52M
Assets at failure
$35M
Acquiring bank
PAYOUT (NONE, NA)
FDIC comments
FSLIC-RTC Duplicate Failures

Other banks PAYOUT acquired in FDIC resolutions