# INVESTMENT FS & LA

> **Failed bank** · CHATSWORTH, CA · failed 1990-01-11 · SL

## What happened

INVESTMENT FS & LA of CHATSWORTH, CA was closed by state regulators on **1990-01-11**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIDELITY FB, FSB** (GLENDALE, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2612
- **FDIC Certificate:** 31944
- **FDIC FIN:** 7150
- **Bank name:** INVESTMENT FS & LA
- **Location:** CHATSWORTH, CA
- **Failure date:** 1990-01-11
- **FDIC resolution date:** 1990-08-24
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $241M
- **Assets at failure:** $248M
- **Acquiring bank:** FIDELITY FB, FSB (GLENDALE, CA)

## Other banks FIDELITY FB, FSB has acquired in FDIC resolutions

- WESTWOOD S & L ASSOC. (LOS ANGELES, CA) — failed 1989-02-17 — /failed-bank/2127

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=INVESTMENT%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, INVESTMENT FS & LA (FDIC ID 2612), failed 1990-01-11. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2612.

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