AMERICAN INTERSTATE SA Failed 1989

LOS ANGELES, CA · SL · view on FDIC BankFind ↗

What happened

AMERICAN INTERSTATE SA of LOS ANGELES, CA was closed on 1989-07-20. 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
2449
FDIC Certificate
32475
FDIC FIN
6986
Bank name
AMERICAN INTERSTATE SA
Location
LOS ANGELES, CA
Failure date
1989-07-20
FDIC resolution date
1990-05-04
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$5M
Deposits at failure
$25M
Assets at failure
$25M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions