# FIRST CALIFORNIA SAVINGS

> **Failed bank** · ORANGE, CA · failed 1989-04-06 · SL · FDIC cost $74M

## What happened

FIRST CALIFORNIA SAVINGS of ORANGE, 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 **FIRST AMERICAN BANK** (ROSEMEAD, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2351
- **FDIC Certificate:** 32560
- **FDIC FIN:** 6925
- **Bank name:** FIRST CALIFORNIA SAVINGS
- **Location:** ORANGE, CA
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1989-09-22
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $74M
- **Deposits at failure:** $194M
- **Assets at failure:** $161M
- **Acquiring bank:** FIRST AMERICAN BANK (ROSEMEAD, CA)
- **FDIC comments:** FSLIC-RTC Duplicate Failures

## Other banks FIRST AMERICAN BANK has acquired in FDIC resolutions

- HIGH DESERT STATE BANK (ALBUQUERQUE, NM) — failed 2010-06-25 — /failed-bank/3819
- TOWN COMMUNITY BANK AND TRUST (ANTIOCH, IL) — failed 2010-01-15 — /failed-bank/3737
- UNITED CITIZENS BANK, NATIONAL ASSOC (COLLEGE STATION, TX) — failed 1991-02-28 — /failed-bank/3024
- TEXAS COMMERCIAL SA (SULPHUR SPRINGS, TX) — failed 1990-09-21 — /failed-bank/2911
- UNIVERSITY NATIONAL BANK OF COLLEGE STATIO (COLLEGE STATION, TX) — failed 1990-03-08 — /failed-bank/2688
- FIRST BANK & TRUST (BRYAN, TX) — failed 1989-02-09 — /failed-bank/2090
- FARMERS NATIONAL BANK OF ERICK (ERICK, OK) — failed 1985-02-07 — /failed-bank/958

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20CALIFORNIA%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CALIFORNIA SAVINGS (FDIC ID 2351), failed 1989-04-06. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/2351.

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