WILSHIRE FS & LA Failed 1990

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

What happened

WILSHIRE FS & LA of LOS ANGELES, CA was closed on 1990-01-11. 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
2614
FDIC Certificate
32191
FDIC FIN
7101
Bank name
WILSHIRE FS & LA
Location
LOS ANGELES, CA
Failure date
1990-01-11
FDIC resolution date
1990-06-22
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$9M
Deposits at failure
$77M
Assets at failure
$78M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions